Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Here’s Why

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $27.53, but opened at $25.70. Direxion Daily TSLA Bull 2X Shares shares last traded at $25.07, with a volume of 43,629,021 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a fifty day simple moving average of $23.95 and a two-hundred day simple moving average of $15.48. The firm has a market cap of $4.92 billion, a PE 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 was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Large investors have recently made changes to their positions in the business. Morse Asset Management Inc purchased a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter worth about $119,000. AE Wealth Management LLC lifted its stake in shares of 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 last quarter. Sanctuary Advisors LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth approximately $152,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at approximately $213,000. Finally, Garden State Investment Advisory Services LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $366,000.

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