Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw an uptick in trading volume on Thursday . 18,213,776 shares traded hands during trading, a decline of 58% from the previous session’s volume of 42,888,785 shares.The stock last traded at $35.17 and had previously closed at $36.42.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm’s 50 day simple moving average is $22.30 and its 200-day simple moving average is $14.80. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.1399 per share. The ex-dividend date of this dividend is Monday, December 23rd.

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

Institutional investors have recently bought and sold shares of the business. TB Alternative Assets Ltd. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth approximately $2,794,000. Scientech Research LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at approximately $869,000. Citigroup Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $51,145,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $213,000. Finally, Captrust Financial Advisors grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% during the 3rd 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 in the last quarter.

About Direxion Daily TSLA Bull 2X Shares