Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 6.5%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report)’s stock price traded up 6.5% during trading on Wednesday . The company traded as high as $8.86 and last traded at $8.81. 15,245,721 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 22,728,283 shares. The stock had previously closed at $8.27.

Direxion Daily TSLA Bull 2X Shares Stock Up 1.1 %

The company has a market capitalization of $1.05 billion, a P/E ratio of 40.38 and a beta of -5.14. The business has a 50 day moving average of $7.63 and a 200 day moving average of $9.36.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th will be given a dividend of $0.0818 per share. The ex-dividend date is Tuesday, June 25th.

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

Several institutional investors have recently bought and sold shares of the business. Smith Anglin Financial LLC raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 266.5% during the 4th quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock valued at $570,000 after buying an additional 28,838 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $29,000. Clarity Capital Partners LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at approximately $1,058,000. Traynor Capital Management Inc. boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 22.6% in the 1st quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock worth $3,104,000 after purchasing an additional 70,574 shares during the period. Finally, Virtu Financial LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $522,000.

Direxion Daily TSLA Bull 2X Shares Company Profile

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