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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped down prior to trading on Monday . The stock had previously closed at $9.22, but opened at $8.86. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.66, with a volume of 31,434,812 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock’s 50 day simple moving average is $19.78 and its two-hundred day simple moving average is $18.92. The stock has a market cap of $1.44 billion, a P/E ratio of 43.99 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Institutional investors have recently made changes to their positions in the business. PayPay Securities Corp bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $50,000. Bank of Montreal Can bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $92,000. Morse Asset Management Inc bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth $119,000. Optiver Holding B.V. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $240,000. Finally, Aire Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $241,000.

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