Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – What’s Next?

Posted by Wayne Rhoads on Oct 26th, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $9.01, but opened at $11.62. Direxion Daily TSLA Bull 2X Shares shares last traded at $11.97, with a volume of 39,893,180 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Up 6.6 %

The company’s 50-day moving average is $10.88 and its 200 day moving average is $9.75. The firm has a market cap of $2.84 billion, a PE 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 given a $0.0803 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.33%. The ex-dividend date was Tuesday, September 24th. 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

A number of institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the first quarter worth approximately $54,000. B. Riley Wealth Advisors Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $144,000. Beacon Capital Management LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $120,000. AE Wealth Management LLC grew its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock valued at $133,000 after acquiring an additional 2,000 shares in the last quarter. Finally, Sloy Dahl & Holst LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter worth $223,000.