JBF Capital Inc. Acquires Shares of 80,200 Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

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 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 and Exchange Commission (SEC). The fund bought 80,200 shares of the company's stock, valued at approximately $764,000.

A number of other large investors also recently modified their holdings of the stock. GEM Asset Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at about $306,000. Clarity Capital Partners LLC lifted its position in Direxion Daily TSLA Bull 2X Shares by 21.7% during the 1st quarter. Clarity Capital Partners LLC now owns 144,955 shares of the company's stock valued at $1,380,000 after purchasing an additional 25,867 shares during the period. Barclays PLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $7,433,000. Bank of Montreal Can bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $92,000. Finally, Cerity Partners LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $267,000.

Direxion Daily TSLA Bull 2X Shares Stock Down 6.9%

NASDAQ:TSLL opened at $10.68 on Friday. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $6.29 and a 12-month high of $41.50. The stock's fifty day simple moving average is $12.36 and its 200-day simple moving average is $13.82. The firm has a market capitalization of $6.00 billion, a P/E ratio of 88.55 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were paid a dividend of $0.0896 per share. This represents a $0.36 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, June 24th. This is a boost from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Direxion Daily TSLA Bull 2X Shares Profile

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