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

Posted by Bonnie Powley on Jan 31st, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 35,820,000 shares, a growth of 90.8% from the December 31st total of 18,770,000 shares. Based on an average trading volume of 73,516,700 shares, the short-interest ratio is currently 0.5 days.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock traded up $0.18 during mid-day trading on Friday, reaching $26.36. 55,973,156 shares of the company’s stock traded hands, compared to its average volume of 62,690,578. Direxion Daily TSLA Bull 2X Shares has a 12 month low of $4.94 and a 12 month high of $41.50. The firm has a 50 day moving average price of $27.94 and a two-hundred day moving average price of $17.59. The firm has a market capitalization of $5.01 billion, a PE ratio of 40.38 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 given a $0.1399 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. PayPay Securities Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $50,000. Morse Asset Management Inc purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth $119,000. Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at $152,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $213,000. Finally, Client First Investment Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $327,000.