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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped down before the market opened on Friday . The stock had previously closed at $35.08, but opened at $34.30. Direxion Daily TSLA Bull 2X Shares shares last traded at $32.74, with a volume of 15,396,614 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Down 9.9 %

The business has a fifty day moving average of $22.30 and a 200 day moving average of $14.85. The company has a market cap of $6.06 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be issued a $0.1399 dividend. The ex-dividend date is Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several institutional investors and hedge funds have recently bought and sold shares of the stock. AE Wealth Management LLC raised its holdings in 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 worth $133,000 after purchasing an additional 2,000 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $366,000. Scientech Research LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $869,000. B. Riley Wealth Advisors Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter worth about $213,000. Finally, TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $2,794,000.

About Direxion Daily TSLA Bull 2X Shares