Direxion Daily TSLA Bull 2X Shares Sees Unusually High Options Volume (NASDAQ:TSLL)

Posted by Defense World Staff on Nov 7th, 2024

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the target of unusually large options trading on Wednesday. Traders purchased 86,409 call options on the company. This represents an increase of approximately 30% compared to the average daily volume of 66,551 call options.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Hedge funds have recently made changes to their positions in the stock. Traynor Capital Management Inc. raised its stake in Direxion Daily TSLA Bull 2X Shares by 14.4% during the second quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company’s stock valued at $4,028,000 after buying an additional 55,194 shares during the last quarter. TB Alternative Assets Ltd. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth about $2,794,000. Scientech Research LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth about $869,000. Virtu Financial LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $522,000. Finally, TRUE Private Wealth Advisors increased 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 in the last quarter.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of NASDAQ TSLL opened at $15.49 on Thursday. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $16.85. The firm has a 50-day moving average of $11.32 and a 200 day moving average of $10.09. The stock has a market cap of $2.97 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.0803 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.07%. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, September 24th.