Direxion Daily TSLA Bull 2X ETF (NASDAQ:TSLL – Get Free Report) shares gapped up prior to trading on Friday. The stock had previously closed at $10.25, but opened at $10.62. Direxion Daily TSLA Bull 2X ETF shares last traded at $10.0140, with a volume of 29,460,903 shares trading hands.
Direxion Daily TSLA Bull 2X ETF Trading Down 3.3%
The business has a 50 day simple moving average of $9.03 and a two-hundred day simple moving average of $11.79. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 88.55 and a beta of 2.84.
Institutional Trading of Direxion Daily TSLA Bull 2X ETF
Hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its stake in Direxion Daily TSLA Bull 2X ETF by 2,438.5% during the 1st quarter. Renaissance Technologies LLC now owns 2,198,300 shares of the company’s stock worth $26,709,000 after buying an additional 2,111,700 shares during the last quarter. Virtu Financial LLC acquired a new stake in Direxion Daily TSLA Bull 2X ETF in the fourth quarter worth $5,913,000. Turner Financial Group Inc. bought a new stake in Direxion Daily TSLA Bull 2X ETF in the second quarter valued at $3,646,000. Royal Bank of Canada boosted its holdings in shares of Direxion Daily TSLA Bull 2X ETF by 36,531.8% during the first quarter. Royal Bank of Canada now owns 102,569 shares of the company’s stock valued at $1,246,000 after acquiring an additional 102,289 shares during the period. Finally, Dakota Community Bank & Trust NA acquired a new position in shares of Direxion Daily TSLA Bull 2X ETF during the first quarter valued at $283,000.
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.
See Also
- Five stocks we like better than Direxion Daily TSLA Bull 2X ETF
- BlackBerry Shifts Gears With Coretura Deal
- NVIDIA’s Next AI Chip Ramp Could Open the Door to Another Major Stock Move
- Super Micro’s Vera Rubin Shipments Put Its AI Infrastructure Advantage to the Test
- Cintas Raises Guidance as a Major Catalyst Moves Closer
Receive News & Ratings for Direxion Daily TSLA Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily TSLA Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
