Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Strong Trading Volume

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares saw unusually-strong trading volume on Tuesday . Approximately 26,428,067 shares were traded during mid-day trading, an increase of 11% from the previous session’s volume of 23,835,061 shares.The stock last traded at $11.37 and had previously closed at $10.29.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business’s 50 day moving average is $7.81 and its 200 day moving average is $9.24.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

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

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

Several hedge funds have recently made changes to their positions in TSLL. Smith Anglin Financial LLC grew its stake in Direxion Daily TSLA Bull 2X Shares by 266.5% during the 4th quarter. Smith Anglin Financial LLC now owns 39,659 shares of the company’s stock valued at $570,000 after purchasing an additional 28,838 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $144,000. Capital Investment Advisory Services LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $29,000. Clarity Capital Partners LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $1,058,000. Finally, Traynor Capital Management Inc. increased its holdings in Direxion Daily TSLA Bull 2X Shares by 22.6% in the 1st quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock worth $3,104,000 after buying an additional 70,574 shares during the period.

About Direxion Daily TSLA Bull 2X Shares