GEM Asset Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 30,000 shares of the company's stock, valued at approximately $306,000.
Other hedge funds have also bought and sold shares of the company. Simplify Asset Management Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $5,014,000. Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $7,433,000. Bank of Montreal Can bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $92,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $5,752,000. Finally, TB Alternative Assets Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $2,197,000.
Direxion Daily TSLA Bull 2X Shares Stock Up 3.6%
Direxion Daily TSLA Bull 2X Shares stock traded up $0.43 during trading hours on Thursday, hitting $12.37. The stock had a trading volume of 139,476,762 shares, compared to its average volume of 110,336,105. The stock's 50-day moving average price is $11.76 and its 200-day moving average price is $17.61. The stock has a market capitalization of $6.07 billion, a P/E ratio of 88.55 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $6.29 and a 12-month high of $41.50.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0845 dividend. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date was Tuesday, March 25th.
Direxion Daily TSLA Bull 2X Shares Profile
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