Free Trial

GEM Asset Management LLC Acquires New Shares in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares logo with background

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

(Free Report)

Further Reading

Institutional Ownership by Quarter for Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?

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

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines