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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped up prior to trading on Monday . The stock had previously closed at $28.17, but opened at $29.87. Direxion Daily TSLA Bull 2X Shares shares last traded at $29.21, with a volume of 18,764,287 shares traded.

Direxion Daily TSLA Bull 2X Shares Stock Up 0.2 %

The firm has a market cap of $4.48 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business has a 50 day moving average price of $24.51 and a 200-day moving average price of $15.85.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. AE Wealth Management LLC increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after acquiring an additional 2,000 shares during the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at approximately $366,000. Scientech Research LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth approximately $869,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at approximately $213,000. Finally, TB Alternative Assets Ltd. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $2,794,000.

Direxion Daily TSLA Bull 2X Shares Company Profile