Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 6.6% – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s stock price shot up 6.6% during mid-day trading on Friday . The company traded as high as $9.63 and last traded at $9.47. 27,897,740 shares traded hands during trading, a decline of 65% from the average daily volume of 79,666,680 shares. The stock had previously closed at $8.88.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The company has a market cap of $4.17 billion, a P/E ratio of 88.55 and a beta of 2.79. The business has a 50 day moving average price of $10.57 and a two-hundred day moving average price of $12.79.

Get Direxion Daily TSLA Bull 2X Shares alerts:

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.1049 dividend. This represents a $0.42 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors have recently made changes to their positions in the stock. Anfield Capital Management LLC grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 100.0% in the fourth quarter. Anfield Capital Management LLC now owns 2,000 shares of the company’s stock worth $38,000 after purchasing an additional 1,000 shares during the last quarter. BOKF NA bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $46,000. Summit Securities Group LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $36,000. Bessemer Group Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $48,000. Finally, Federation des caisses Desjardins du Quebec grew its holdings in Direxion Daily TSLA Bull 2X Shares by 232.8% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 4,825 shares of the company’s stock worth $92,000 after acquiring an additional 3,375 shares during the last quarter.

About Direxion Daily TSLA Bull 2X Shares

(Get Free Report)

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.

Recommended Stories

• Five stocks we like better than Direxion Daily TSLA Bull 2X Shares
• 2 Biotech Stocks Shaping Up for Major Breakouts
• 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
• 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
• Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?

Receive News & Ratings for Direxion Daily TSLA Bull 2X Shares 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 Shares and related companies with MarketBeat.com's FREE daily email newsletter.