Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Still a Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $29.50, but opened at $30.39. Direxion Daily TSLA Bull 2X Shares shares last traded at $30.12, with a volume of 16,936,239 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Down 6.7 %

The stock has a market capitalization of $5.28 billion, a P/E ratio of 40.38 and a beta of -5.14. The company has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $15.28.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Citigroup Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $51,145,000. TB Alternative Assets Ltd. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $2,794,000. JPMorgan Chase & Co. boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock worth $2,192,000 after acquiring an additional 113,068 shares in the last quarter. Scientech Research LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $869,000. Finally, Captrust Financial Advisors grew its stake in Direxion Daily TSLA Bull 2X Shares by 7.3% in the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after acquiring an additional 3,246 shares during the period.

Direxion Daily TSLA Bull 2X Shares Company Profile