Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw unusually-strong trading volume on Monday . Approximately 38,667,719 shares changed hands during trading, an increase of 6% from the previous session’s volume of 36,471,043 shares.The stock last traded at $14.09 and had previously closed at $13.80.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market cap of $2.61 billion, a PE ratio of 40.38 and a beta of -5.14. The business has a 50-day moving average of $10.98 and a 200 day moving average of $9.85.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were issued a $0.0803 dividend. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.51%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Clarity Capital Partners LLC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 112.8% in the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company’s stock worth $1,272,000 after purchasing an additional 83,110 shares during the period. TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth about $2,794,000. Headlands Technologies LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $54,000. Virtu Financial LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $522,000. Finally, Scientech Research LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth approximately $869,000.

About Direxion Daily TSLA Bull 2X Shares