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

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped down before the market opened on Monday . The stock had previously closed at $26.70, but opened at $24.33. Direxion Daily TSLA Bull 2X Shares shares last traded at $23.76, with a volume of 29,356,767 shares.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $4.77 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The business has a fifty day moving average price of $28.09 and a 200 day moving average price of $17.79.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

Several hedge funds and other institutional investors have recently made changes to their positions in TSLL. SG Americas Securities LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $916,000. JPMorgan Chase & Co. boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock worth $2,192,000 after acquiring an additional 113,068 shares during the period. TB Alternative Assets Ltd. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $2,794,000. Lauer Wealth LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $5,285,000. Finally, Client First Investment Management LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $327,000.

Direxion Daily TSLA Bull 2X Shares Company Profile