Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – What’s Next?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped down prior to trading on Wednesday . The stock had previously closed at $40.09, but opened at $37.82. Direxion Daily TSLA Bull 2X Shares shares last traded at $38.53, with a volume of 19,197,386 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business’s 50-day simple moving average is $18.55 and its two-hundred day simple moving average is $13.43.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be issued a $0.3004 dividend. The ex-dividend date is Thursday, December 12th. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous dividend of $0.08.

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

A number of large investors have recently bought and sold shares of TSLL. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $119,000. Sanctuary Advisors LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth approximately $152,000. Beacon Capital Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth $120,000. AE Wealth Management LLC grew its position in Direxion Daily TSLA Bull 2X Shares by 16.0% in the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock valued at $133,000 after purchasing an additional 2,000 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $213,000.

About Direxion Daily TSLA Bull 2X Shares