Flow Traders U.S. LLC Acquires New Position in Direxion Daily TSLA Bull 2X Shares $TSLL

Key Points

• Flow Traders U.S. LLC has purchased 322,159 shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL), valued at approximately $3,067,000, increasing their ownership to 0.07% by the end of the last reporting period.
• The stock has a market cap of $6.13 billion and reported a fifty-two week trading range with a low of $6.29 and a high of $41.50.
• Direxion Daily TSLA Bull 2X Shares recently increased its quarterly dividend from $0.08 to $0.0896, reflecting an annualized yield of 3.1% for shareholders.

Flow Traders U.S. LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 322,159 shares of the company's stock, valued at approximately $3,067,000. Flow Traders U.S. LLC owned 0.07% of Direxion Daily TSLA Bull 2X Shares at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. CacheTech Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $95,000. Adams Wealth Management purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $95,000. Dagco Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $73,000. HighTower Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $104,000. Finally, Virtu Financial LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $4,375,000.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of TSLL stock traded down $0.03 during mid-day trading on Wednesday, hitting $13.65. 64,341,382 shares of the stock traded hands, compared to its average volume of 163,382,641. The stock has a market cap of $7.34 billion, a P/E ratio of 88.55 and a beta of -5.14. The stock's fifty day moving average is $11.86 and its two-hundred day moving average is $11.94. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $6.29 and a 52-week high of $41.50.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were given a $0.0896 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 24th. This is an increase from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Direxion Daily TSLA Bull 2X Shares Company Profile