Stock Traders Buy High Volume of Call Options on Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Posted by MarketBeat News on Oct 13th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the recipient of some unusual options trading on Friday. Investors purchased 61,786 call options on the company. This is an increase of 12% compared to the typical volume of 55,317 call options.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Institutional investors and hedge funds have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $213,000. Scientech Research LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter worth approximately $869,000. Garden State Investment Advisory Services LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $366,000. AE Wealth Management LLC boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% in the second 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. Finally, Beacon Capital Management LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $120,000.

Direxion Daily TSLA Bull 2X Shares Trading Down 17.6 %

TSLL stock opened at $9.40 on Friday. The stock has a market cap of $1.73 billion, a P/E ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $16.85. The company’s 50 day moving average is $10.60 and its two-hundred day moving average is $9.58.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

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The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a dividend of $0.0803 per share. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.32 annualized dividend and a yield of 3.42%. The ex-dividend date was Tuesday, September 24th.