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

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $9.86, but opened at $8.98. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.59, with a volume of 95,451,252 shares changing hands.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $4.32 billion, a price-to-earnings ratio of 47.43 and a beta of -5.14. The business’s 50 day moving average is $12.70 and its 200-day moving average is $18.58.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.0845 dividend. The ex-dividend date was Tuesday, March 25th. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 4.02%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. PayPay Securities Corp bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $50,000. Parallel Advisors LLC increased its holdings in Direxion Daily TSLA Bull 2X Shares by 1,723.8% during the 1st quarter. Parallel Advisors LLC now owns 7,295 shares of the company’s stock valued at $69,000 after purchasing an additional 6,895 shares in the last quarter. Bank of Montreal Can bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $92,000. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth $152,000.

About Direxion Daily TSLA Bull 2X Shares

(Get Free Report)

Further Reading

Receive News & Ratings for Direxion Daily TSLA Bull 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily TSLA Bull 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.