Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 7.6% – Still a Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) shares traded up 7.6% during mid-day trading on Tuesday . The stock traded as high as $34.86 and last traded at $34.27. 18,169,454 shares traded hands during trading, a decline of 58% from the average session volume of 42,874,078 shares. The stock had previously closed at $31.85.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company’s fifty day moving average price is $20.28 and its 200 day moving average price is $14.13. The firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Morse Asset Management Inc bought a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $119,000. AE Wealth Management LLC grew its holdings in Direxion Daily TSLA Bull 2X Shares by 16.0% during the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after acquiring an additional 2,000 shares during the period. Sanctuary Advisors LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth about $152,000. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in 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 during the 2nd quarter valued at about $366,000.

About Direxion Daily TSLA Bull 2X Shares

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Further Reading

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