Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Update

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 64,900,000 shares, a decline of 29.8% from the March 15th total of 92,450,000 shares. Currently, 12.6% of the company's shares are sold short. Based on an average daily trading volume, of 141,315,200 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

Institutional investors and hedge funds have recently modified their holdings of the business. PayPay Securities Corp acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $50,000. Bank of Montreal Can acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $92,000. Atticus Wealth Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $35,000. Parallel Advisors LLC lifted its position 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 acquiring an additional 6,895 shares in the last quarter. Finally, Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth $119,000.

Direxion Daily TSLA Bull 2X Shares Stock Up 11.2 %

Direxion Daily TSLA Bull 2X Shares stock traded up $0.82 during mid-day trading on Wednesday, hitting $8.21. 229,604,904 shares of the company's stock were exchanged, compared to its average volume of 82,287,926. The company's 50 day simple moving average is $10.92 and its 200-day simple moving average is $18.33. The firm has a market capitalization of $4.31 billion, a P/E ratio of 48.19 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a fifty-two week low of $6.29 and a fifty-two week high of $41.50.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a dividend of $0.0845 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.11%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08.

Direxion Daily TSLA Bull 2X Shares Company Profile