Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 4.4% Higher – Here’s What Happened

Posted by Jessica Moore on Mar 29th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s stock price shot up 4.4% during mid-day trading on Thursday . The company traded as high as $11.18 and last traded at $11.01. 65,307,631 shares changed hands during trading, a decline of 41% from the average session volume of 111,058,109 shares. The stock had previously closed at $10.55.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock has a 50-day moving average of $16.98 and a 200-day moving average of $18.80. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 3.43%. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, March 25th.

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

A number of large investors have recently modified their holdings of the business. Sanctuary Advisors LLC lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.7% during the 4th quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock worth $327,000 after buying an additional 1,505 shares during the last quarter. PayPay Securities Corp bought a new position in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $50,000. TRUE Private Wealth Advisors raised its stake in Direxion Daily TSLA Bull 2X Shares by 5.0% during the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after acquiring an additional 2,204 shares in the last quarter. Captrust Financial Advisors lifted 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 worth $660,000 after acquiring an additional 3,246 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock valued at $741,000 after purchasing an additional 3,294 shares in the last quarter.