Direxion Daily TSLA Bull 2X ETF (NASDAQ:TSLL – Get Free Report)’s stock price was up 7.7% during trading on Thursday . The company traded as high as $9.99 and last traded at $10.0270. Approximately 12,070,844 shares changed hands during trading, a decline of 85% from the average session volume of 80,338,883 shares. The stock had previously closed at $9.31.
Direxion Daily TSLA Bull 2X ETF Trading Up 5.5%
The firm’s 50 day simple moving average is $9.32 and its two-hundred day simple moving average is $11.98. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 88.55 and a beta of 2.84.
Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Summit Securities Group LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X ETF in the first quarter valued at approximately $36,000. Bessemer Group Inc. acquired a new stake in Direxion Daily TSLA Bull 2X ETF during the first quarter worth approximately $48,000. SOA Wealth Advisors LLC. lifted its position in shares of Direxion Daily TSLA Bull 2X ETF by 17.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 6,783 shares of the company’s stock valued at $82,000 after acquiring an additional 1,000 shares during the period. Parallel Advisors LLC lifted its position in shares of Direxion Daily TSLA Bull 2X ETF by 19.4% during the 1st quarter. Parallel Advisors LLC now owns 7,892 shares of the company’s stock valued at $96,000 after acquiring an additional 1,281 shares during the period. Finally, Forty three Eighteen Advisors LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X ETF during the 1st quarter worth $122,000.
About Direxion Daily TSLA Bull 2X ETF
The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion.
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