Direxion Daily TSLA Bull 2X ETF (NASDAQ:TSLL – Get Free Report)’s share price dropped 5.8% on Monday. The company traded as low as $9.32 and last traded at $9.3630. Approximately 12,078,723 shares traded hands during trading, a decline of 85% from the average session volume of 79,798,383 shares. The stock had previously closed at $9.94.
Direxion Daily TSLA Bull 2X ETF Trading Down 7.0%
The firm has a 50-day simple moving average of $9.00 and a 200-day simple moving average of $11.76. The firm has a market cap of $3.60 billion, a P/E ratio of 88.55 and a beta of 2.84.
Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X ETF
A number of large investors have recently added to or reduced their stakes in TSLL. SOA Wealth Advisors LLC. grew its holdings in shares of Direxion Daily TSLA Bull 2X ETF by 17.3% during the first quarter. SOA Wealth Advisors LLC. now owns 6,783 shares of the company’s stock valued at $82,000 after buying an additional 1,000 shares during the last quarter. Parallel Advisors LLC raised its stake in Direxion Daily TSLA Bull 2X ETF by 19.4% in the 1st quarter. Parallel Advisors LLC now owns 7,892 shares of the company’s stock worth $96,000 after acquiring an additional 1,281 shares during the last quarter. Summit Securities Group LLC acquired a new stake in Direxion Daily TSLA Bull 2X ETF during the 1st quarter worth about $36,000. Bessemer Group Inc. purchased a new stake in Direxion Daily TSLA Bull 2X ETF during the 1st quarter valued at about $48,000. Finally, 180 Wealth Advisors LLC grew its stake in Direxion Daily TSLA Bull 2X ETF by 20.1% during the 1st quarter. 180 Wealth Advisors LLC now owns 23,942 shares of the company’s stock valued at $291,000 after purchasing an additional 4,000 shares during the last quarter.
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.
Featured Stories
- Five stocks we like better than Direxion Daily TSLA Bull 2X ETF
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
- 2 China-Focused ETFs For After the Trump-Xi Summit
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.
