Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Update

Posted by Tammy Falkenburg on Mar 17th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, a growth of 53.4% from the February 13th total of 40,370,000 shares. Based on an average trading volume of 85,902,200 shares, the short-interest ratio is presently 0.7 days. Currently, 32.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Mercer Global Advisors Inc. ADV bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $551,000. Bison Wealth LLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $1,514,000. Optiver Holding B.V. bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $240,000. Tower Research Capital LLC TRC lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 13.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock valued at $741,000 after purchasing an additional 3,294 shares during the last quarter. Finally, Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $7,433,000.

Direxion Daily TSLA Bull 2X Shares Stock Performance

NASDAQ:TSLL opened at $9.22 on Monday. The company has a 50-day moving average of $20.54 and a 200-day moving average of $18.94. The company has a market capitalization of $3.14 billion, a price-to-earnings ratio of 43.99 and a beta of 2.50. Direxion Daily TSLA Bull 2X Shares has a 52 week low of $4.94 and a 52 week high of $41.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, December 23rd.