Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Up 53.4% in February

Posted by Logan Wallace on Mar 16th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, an increase of 53.4% from the February 13th total of 40,370,000 shares. Approximately 32.0% of the shares of the stock are sold short. Based on an average trading volume of 85,902,200 shares, the short-interest ratio is currently 0.7 days.

Direxion Daily TSLA Bull 2X Shares Price Performance

Direxion Daily TSLA Bull 2X Shares stock opened at $9.22 on Friday. The stock’s fifty day moving average price is $20.54 and its two-hundred day moving average price is $18.87. Direxion Daily TSLA Bull 2X Shares has a one year low of $4.94 and a one year high of $41.50. The firm has a market cap of $3.14 billion, a PE ratio of 43.99 and a beta of 2.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently added to or reduced their stakes in the stock. Citigroup Inc. bought a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $51,145,000. Simplex Trading LLC increased its stake in Direxion Daily TSLA Bull 2X Shares by 230.3% during the 4th quarter. Simplex Trading LLC now owns 465,134 shares of the company’s stock worth $12,805,000 after acquiring an additional 324,332 shares during the period. Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $7,433,000. SBI Securities Co. Ltd. bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $5,752,000. Finally, Lauer Wealth LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $5,285,000.