Direxion Daily TSLA Bull 2X Shares Target of Unusually High Options Trading (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw some unusual options trading on Monday. Investors purchased 43,886 call options on the stock. This is an increase of approximately 21% compared to the typical daily volume of 36,218 call options.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Traynor Capital Management Inc. raised its stake in shares of Direxion Daily TSLA Bull 2X Shares by 14.4% during the 2nd quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company’s stock valued at $4,028,000 after purchasing an additional 55,194 shares during the period. Clarity Capital Partners LLC increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% during the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company’s stock valued at $1,272,000 after purchasing an additional 83,110 shares during the last quarter. Virtu Financial LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $522,000. TRUE Private Wealth Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 2.7% during the 2nd quarter. TRUE Private Wealth Advisors now owns 43,842 shares of the company’s stock valued at $403,000 after acquiring an additional 1,142 shares during the period. Finally, Sloy Dahl & Holst LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 1st quarter valued at about $223,000.

Direxion Daily TSLA Bull 2X Shares Stock Up 10.7 %

TSLL stock traded up $1.14 during midday trading on Monday, hitting $11.81. The company’s stock had a trading volume of 49,778,070 shares, compared to its average volume of 29,316,150. The stock’s 50-day moving average price is $10.11 and its 200 day moving average price is $9.14. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $18.40. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th were given a dividend of $0.0818 per share. The ex-dividend date of this dividend was Tuesday, June 25th.

Direxion Daily TSLA Bull 2X Shares Company Profile