Scientech Research LLC Takes $869,000 Position in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Scientech Research LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 94,407 shares of the company’s stock, valued at approximately $869,000. Scientech Research LLC owned 0.06% of Direxion Daily TSLA Bull 2X Shares at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Headlands Technologies LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at approximately $54,000. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $144,000. Beacon Capital Management LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at $120,000. AE Wealth Management LLC boosted its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock valued at $133,000 after acquiring an additional 2,000 shares during the last quarter. Finally, Sloy Dahl & Holst LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the first quarter worth about $223,000.

Direxion Daily TSLA Bull 2X Shares Trading Up 4.9 %

Shares of NASDAQ TSLL opened at $13.71 on Friday. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business has a 50 day simple moving average of $10.47 and a 200-day simple moving average of $9.29. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $17.16.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th will be given a $0.0803 dividend. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date is Tuesday, September 24th.

About Direxion Daily TSLA Bull 2X Shares