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Direxion Daily TSLA Bull 2X Shares Target of Unusually Large Options Trading (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares logo with background

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) was the target of unusually large options trading activity on Monday. Traders 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.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Simplify Asset Management Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,014,000. GEM Asset Management LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $306,000. Barclays PLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $7,433,000. Bank of Montreal Can acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $92,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $5,752,000.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.1%

Shares of NASDAQ:TSLL traded down $0.14 on Thursday, reaching $12.44. 135,208,220 shares of the company were exchanged, compared to its average volume of 114,238,571. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $6.29 and a 1-year high of $41.50. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 88.55 and a beta of 2.86. The company has a 50-day moving average of $12.24 and a 200-day moving average of $17.24.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th will be paid a dividend of $0.0896 per share. The ex-dividend date is Tuesday, June 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.88%.

Direxion Daily TSLA Bull 2X Shares Company Profile

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