Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares saw an uptick in trading volume on Monday . 47,279,611 shares were traded during mid-day trading, a decline of 25% from the previous session’s volume of 63,119,978 shares.The stock last traded at $10.44 and had previously closed at $9.04.

Direxion Daily TSLA Bull 2X Shares Stock Up 17.6 %

The stock’s 50-day moving average price is $18.73 and its 200 day moving average price is $18.90. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14.

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

A number of hedge funds have recently modified their holdings of the business. Citigroup Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $51,145,000. Captrust Financial Advisors grew its holdings in shares of 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 purchasing an additional 3,246 shares during the period. TRUE Private Wealth Advisors grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% in the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock valued at $636,000 after purchasing an additional 2,204 shares during the period. Morse Asset Management Inc purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $152,000.

Direxion Daily TSLA Bull 2X Shares Company Profile