Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Down 4.2%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares were down 4.2% on Wednesday . The company traded as low as $8.85 and last traded at $8.90. Approximately 9,638,958 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 30,144,270 shares. The stock had previously closed at $9.29.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market capitalization of $1.34 billion, a P/E ratio of 40.38 and a beta of -5.14. The firm’s fifty day moving average is $10.55 and its 200-day moving average is $9.01.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th were paid a $0.0818 dividend. The ex-dividend date of this dividend was Tuesday, June 25th.

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

A number of institutional investors and hedge funds have recently bought and sold shares of TSLL. TRUE Private Wealth Advisors increased its stake in shares of Direxion Daily TSLA Bull 2X Shares by 2.7% in the second quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company’s stock valued at $403,000 after buying an additional 1,142 shares during the period. Capital Investment Advisory Services LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at approximately $29,000. AE Wealth Management LLC increased its position 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. Headlands Technologies LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter valued at $54,000. Finally, B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $144,000.

Direxion Daily TSLA Bull 2X Shares Company Profile