Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Time to Sell?

Posted by Amy Steele on Mar 10th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $10.66, but opened at $9.84. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.81, with a volume of 50,311,802 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Trading Down 21.3 %

The company has a market cap of $1.62 billion, a P/E ratio of 38.91 and a beta of -5.14. The business’s 50 day simple moving average is $22.44 and its 200 day simple moving average is $18.98.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

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

Hedge funds have recently made changes to their positions in the company. PayPay Securities Corp bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $50,000. Bank of Montreal Can bought a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $92,000. Morse Asset Management Inc bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth about $119,000. Sanctuary Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $152,000. Finally, Optiver Holding B.V. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $240,000.