Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – What’s Next?

Posted by Joseph Griffin on Feb 12th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $21.13, but opened at $20.50. Direxion Daily TSLA Bull 2X Shares shares last traded at $20.61, with a volume of 22,371,782 shares traded.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market capitalization of $3.36 billion, a PE ratio of 40.38 and a beta of -5.14. The business’s 50-day moving average is $28.23 and its 200-day moving average is $18.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PayPay Securities Corp bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $50,000. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $119,000. Aire Advisors LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $241,000. Fortis Capital Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth approximately $262,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $275,000.