Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Down 6.1%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price fell 6.1% during mid-day trading on Friday . The company traded as low as $11.43 and last traded at $11.44. 23,051,121 shares changed hands during trading, a decline of 29% from the average session volume of 32,543,354 shares. The stock had previously closed at $12.18.

Direxion Daily TSLA Bull 2X Shares Trading Down 4.7 %

The stock has a 50 day moving average of $10.57 and a 200-day moving average of $9.13. The company has a market capitalization of $1.83 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Headlands Technologies LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $54,000. Beacon Capital Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $120,000. AE Wealth Management LLC boosted its stake in Direxion Daily TSLA Bull 2X Shares by 16.0% in the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after purchasing an additional 2,000 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $144,000. Finally, Sloy Dahl & Holst LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth approximately $223,000.

Direxion Daily TSLA Bull 2X Shares Company Profile