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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares saw an uptick in trading volume on Friday . 27,139,621 shares were traded during trading, a decline of 36% from the previous session’s volume of 42,602,066 shares.The stock last traded at $31.62 and had previously closed at $32.80.

Direxion Daily TSLA Bull 2X Shares Stock Down 7.1 %

The business has a 50 day moving average of $19.83 and a 200 day moving average of $13.91. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several hedge funds and other institutional investors have recently bought and sold shares of TSLL. TB Alternative Assets Ltd. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $2,794,000. Scientech Research LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $869,000. Citigroup Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the third quarter worth approximately $51,145,000. B. Riley Wealth Advisors Inc. purchased a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter worth approximately $213,000. Finally, Captrust Financial Advisors boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after purchasing an additional 3,246 shares during the last quarter.

About Direxion Daily TSLA Bull 2X Shares