Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 4.7% – What’s Next?

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shot up 4.7% on Friday . The company traded as high as $32.60 and last traded at $32.06. 23,159,256 shares changed hands during trading, a decline of 44% from the average session volume of 41,582,363 shares. The stock had previously closed at $30.62.

Direxion Daily TSLA Bull 2X Shares Trading Up 8.7 %

The stock has a fifty day simple moving average of $17.47 and a two-hundred day simple moving average of $12.92. The firm has a market cap of $6.38 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Institutional investors and hedge funds have recently bought and sold shares of the company. Morse Asset Management Inc purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $119,000. Beacon Capital Management LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $120,000. AE Wealth Management LLC increased its stake 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 worth $133,000 after acquiring an additional 2,000 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $152,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $213,000.

About Direxion Daily TSLA Bull 2X Shares