80,200 Shares in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Bought by JBF Capital Inc.

Key Points

• JBF Capital Inc. has acquired 80,200 shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL), valued at approximately $764,000 during the first quarter.
• The stock has recently experienced a decrease of 6.9%, opening at $10.68, with a 12-month low of $6.29 and a high of $41.50.
• Direxion Daily TSLA Bull 2X Shares has increased its dividend to $0.0896 per share, representing a new annual yield of 3.4%.

JBF Capital Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 80,200 shares of the company's stock, valued at approximately $764,000.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of Montreal Can acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $92,000. Atticus Wealth Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at approximately $35,000. Parallel Advisors LLC raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 1,723.8% during 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 in the last quarter. Optiver Holding B.V. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $240,000. Finally, Dynamic Advisor Solutions LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $97,000.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.74. The company's stock had a trading volume of 88,021,191 shares, compared to its average volume of 167,861,719. The company has a market cap of $5.77 billion, a P/E ratio of 88.55 and a beta of -5.14. The firm's 50-day moving average is $12.20 and its two-hundred day moving average is $13.36. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $6.29 and a 1-year high of $41.50.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were paid a $0.0896 dividend. This is a positive change 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 yield of 3.3%. The ex-dividend date was Tuesday, June 24th.

About Direxion Daily TSLA Bull 2X Shares