Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Update

Posted by Mickey Rousseau on Nov 16th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 32,430,000 shares, a decline of 29.1% from the October 15th total of 45,750,000 shares. Based on an average daily trading volume, of 60,600,000 shares, the short-interest ratio is presently 0.5 days.

Direxion Daily TSLA Bull 2X Shares Stock Up 6.2 %

Shares of NASDAQ:TSLL traded up $1.10 on Friday, hitting $18.71. The company had a trading volume of 89,744,931 shares, compared to its average volume of 40,467,816. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $23.50. The firm has a market capitalization of $3.59 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The firm’s 50-day simple moving average is $12.64 and its two-hundred day simple moving average is $10.66.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were paid a dividend of $0.0803 per share. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a yield of 1.72%.

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Several large investors have recently bought and sold shares of the business. TRUE Private Wealth Advisors raised its stake in Direxion Daily TSLA Bull 2X Shares by 2.7% during the 2nd quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company’s stock valued at $403,000 after purchasing an additional 1,142 shares during the period. AE Wealth Management LLC lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 16.0% during the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after buying an additional 2,000 shares during the period. Captrust Financial Advisors lifted its position in Direxion Daily TSLA Bull 2X Shares by 7.3% during the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after acquiring an additional 3,246 shares during the last quarter. Headlands Technologies LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $54,000. Finally, Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $119,000.