Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down to $9.36

Posted by Steve Reilly on May 2nd, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $9.36, but opened at $8.68. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.70, with a volume of 15,461,780 shares.

Direxion Daily TSLA Bull 2X Shares Stock Down 3.8 %

The stock’s 50-day moving average price is $7.96 and its 200-day moving average price is $10.89. The company has a market capitalization of $920.75 million, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were given a $0.0788 dividend. This represents a $0.32 annualized dividend and a yield of 3.94%. The ex-dividend date was Tuesday, March 19th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Capital Investment Advisory Services LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $29,000. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $144,000. Sloy Dahl & Holst LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth about $223,000. Bison Wealth LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $232,000. Finally, TRUE Private Wealth Advisors boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 11.2% in the 1st quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock valued at $346,000 after purchasing an additional 4,315 shares during the last quarter.