Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Strong Trading Volume – Still a Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw strong trading volume on Thursday . 18,213,776 shares were traded during trading, a decline of 58% from the previous session’s volume of 42,888,785 shares.The stock last traded at $35.17 and had previously closed at $36.42.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market capitalization of $6.06 billion, a PE ratio of 40.38 and a beta of -5.14. The stock has a 50 day moving average price of $22.30 and a two-hundred day moving average price of $14.80.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a $0.1399 dividend. The ex-dividend date is Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several large investors have recently added to or reduced their stakes in the business. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at $119,000. AE Wealth Management LLC lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% in the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after buying an additional 2,000 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $152,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $213,000. Finally, Garden State Investment Advisory Services LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at approximately $366,000.

Direxion Daily TSLA Bull 2X Shares Company Profile