Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) was the recipient of some unusual options trading activity on Monday. Investors acquired 269,148 call options on the company. This is an increase of 21% compared to the typical daily volume of 221,573 call options.
Direxion Daily TSLA Bull 2X Shares Trading Up 16.4%
TSLL traded up $2.03 during trading on Monday, hitting $14.39. 353,162,173 shares of the company's stock were exchanged, compared to its average volume of 112,329,549. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $6.29 and a 1 year high of $41.50. The stock has a 50 day moving average price of $11.92 and a 200 day moving average price of $17.38. The firm has a market cap of $7.06 billion, a P/E ratio of 88.55 and a beta of -5.14.
Institutional Trading of Direxion Daily TSLA Bull 2X Shares
A number of institutional investors have recently added to or reduced their stakes in TSLL. Scientech Research LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter worth about $2,211,000. NewEdge Advisors LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 255.7% during the 1st quarter. NewEdge Advisors LLC now owns 38,240 shares of the company's stock valued at $364,000 after buying an additional 27,490 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth approximately $25,000. Delta Investment Management LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter worth $190,000. Finally, CreativeOne Wealth LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $523,000.
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