Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Time to Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped up before the market opened on Tuesday . The stock had previously closed at $29.50, but opened at $30.39. Direxion Daily TSLA Bull 2X Shares shares last traded at $30.12, with a volume of 16,936,239 shares.

Direxion Daily TSLA Bull 2X Shares Stock Down 6.7 %

The stock has a market capitalization of $5.28 billion, a P/E ratio of 40.38 and a beta of -5.14. The business’s 50 day simple moving average is $23.43 and its two-hundred day simple moving average is $15.28.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TSLL. JPMorgan Chase & Co. lifted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 248.3% in the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after purchasing an additional 113,068 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $152,000. Morse Asset Management Inc bought a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $119,000. TRUE Private Wealth Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 5.0% during the 3rd quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after acquiring an additional 2,204 shares during the last quarter. Finally, Captrust Financial Advisors grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock worth $660,000 after acquiring an additional 3,246 shares in the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile