Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Down 6.5%

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price fell 6.5% during trading on Monday . The stock traded as low as $7.05 and last traded at $7.10. 6,190,801 shares were traded during trading, a decline of 61% from the average session volume of 15,986,687 shares. The stock had previously closed at $7.59.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $661.61 million, a PE ratio of 36.80 and a beta of 3.04. The firm has a fifty day moving average of $8.57 and a 200 day moving average of $11.58.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were issued a dividend of $0.0788 per share. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.32 annualized dividend and a dividend yield of 4.94%.

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

Several hedge funds have recently modified their holdings of TSLL. Capital Investment Advisory Services LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $29,000. Tower Research Capital LLC TRC raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 1,301.2% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,503 shares of the company’s stock valued at $54,000 after buying an additional 3,253 shares during the period. Morgan Stanley raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 616.7% during the 4th quarter. Morgan Stanley now owns 13,833 shares of the company’s stock valued at $86,000 after buying an additional 11,903 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at approximately $144,000. Finally, Smith Anglin Financial LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $167,000.

About Direxion Daily TSLA Bull 2X Shares