Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Here’s Why

Posted by MarketBeat News on Oct 4th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $11.67, but opened at $12.23. Direxion Daily TSLA Bull 2X Shares shares last traded at $12.28, with a volume of 19,087,303 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Up 5.7 %

The stock has a market capitalization of $1.94 billion, a PE ratio of 40.38 and a beta of -5.14. The firm’s fifty day moving average price is $10.52 and its two-hundred day moving average price is $9.43.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.0803 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.60%. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 24th.

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

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Several institutional investors have recently made changes to their positions in the company. Headlands Technologies LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $54,000. Beacon Capital Management LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at $120,000. AE Wealth Management LLC grew its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% in 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 period. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $144,000. Finally, Sloy Dahl & Holst LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $223,000.