Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Time to Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $11.34, but opened at $13.14. Direxion Daily TSLA Bull 2X Shares shares last traded at $12.77, with a volume of 82,310,343 shares.

Direxion Daily TSLA Bull 2X Shares Trading Up 9.6%

The firm’s 50-day moving average is $9.34 and its 200 day moving average is $18.32. The firm has a market capitalization of $6.62 billion, a price-to-earnings ratio of 60.69 and a beta of 2.63.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.0845 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 2.39%. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, March 25th.

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

A number of large investors have recently modified their holdings of the company. PayPay Securities Corp purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $50,000. Bank of Montreal Can purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $92,000. Strategic Investment Solutions Inc. IL purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $33,000. Atticus Wealth Management LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at $35,000. Finally, Headlands Technologies LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $52,000.

Direxion Daily TSLA Bull 2X Shares Company Profile