Traders Purchase High Volume of Call Options on Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) was the recipient of some unusual options trading on Friday. Traders bought 334,259 call options on the stock. This is an increase of 36% compared to the average daily volume of 246,515 call options.

Direxion Daily TSLA Bull 2X Shares Trading Up 14.5%

Shares of TSLL opened at $16.98 on Friday. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $6.29 and a twelve month high of $41.50. The stock’s 50 day moving average is $12.14 and its two-hundred day moving average is $11.49. The firm has a market capitalization of $9.13 billion, a PE ratio of 88.55 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were issued a $0.0896 dividend. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $0.36 dividend on an annualized basis and a yield of 2.1%. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08.

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

Institutional investors have recently added to or reduced their stakes in the business. GEM Asset Management LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at approximately $306,000. Clarity Capital Partners LLC boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 21.7% in the 1st quarter. Clarity Capital Partners LLC now owns 144,955 shares of the company’s stock valued at $1,380,000 after purchasing an additional 25,867 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $267,000. TB Alternative Assets Ltd. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at approximately $2,197,000. Finally, SBI Securities Co. Ltd. lifted its position in shares of Direxion Daily TSLA Bull 2X Shares by 19.5% during the 1st quarter. SBI Securities Co. Ltd. now owns 249,701 shares of the company’s stock valued at $2,377,000 after acquiring an additional 40,773 shares during the period.

About Direxion Daily TSLA Bull 2X Shares