GEM Asset Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 30,000 shares of the company's stock, valued at approximately $306,000.
Several other hedge funds have also bought and sold shares of TSLL. Bank of Montreal Can acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $92,000. Parallel Advisors LLC boosted its stake in Direxion Daily TSLA Bull 2X Shares by 1,723.8% in the 1st quarter. Parallel Advisors LLC now owns 7,295 shares of the company's stock valued at $69,000 after purchasing an additional 6,895 shares during the period. Optiver Holding B.V. acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $240,000. Aire Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $241,000. Finally, Fortis Capital Management LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $262,000.
Direxion Daily TSLA Bull 2X Shares Stock Performance
NASDAQ:TSLL traded up $0.29 during mid-day trading on Monday, reaching $12.94. 155,223,029 shares of the company's stock were exchanged, compared to its average volume of 109,575,366. Direxion Daily TSLA Bull 2X Shares has a one year low of $6.29 and a one year high of $41.50. The business's fifty day simple moving average is $11.54 and its two-hundred day simple moving average is $17.75. The firm has a market capitalization of $6.35 billion, a PE ratio of 88.55 and a beta of -5.14.
Direxion Daily TSLA Bull 2X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders 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 annualized dividend and a yield of 2.61%. The ex-dividend date was Tuesday, March 25th.
About Direxion Daily TSLA Bull 2X Shares
(
Free Report)
Featured Articles
Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.
While Direxion Daily TSLA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
