Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Update

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totalling 9,390,000 shares, a decline of 33.7% from the June 30th total of 14,160,000 shares. Based on an average daily volume of 43,231,900 shares, the days-to-cover ratio is presently 0.2 days.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Direxion Daily TSLA Bull 2X Shares stock traded down $0.05 on Friday, reaching $10.67. The company’s stock had a trading volume of 42,776,340 shares, compared to its average volume of 29,171,502. The business’s fifty day moving average price is $10.11 and its 200 day moving average price is $9.20. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $18.40.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were given a dividend of $0.0818 per share. The ex-dividend date was Tuesday, June 25th.

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

Hedge funds have recently added to or reduced their stakes in the stock. Clarity Capital Partners LLC increased its stake in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% in the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company’s stock valued at $1,272,000 after buying an additional 83,110 shares during the period. Traynor Capital Management Inc. boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 22.6% in the first quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock valued at $3,104,000 after acquiring an additional 70,574 shares during the last quarter. Virtu Financial LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter worth about $522,000. Sloy Dahl & Holst LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter worth about $223,000. Finally, Beacon Capital Management LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $120,000.

Direxion Daily TSLA Bull 2X Shares Company Profile