Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Should You Buy?

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped up before the market opened on Wednesday . The stock had previously closed at $7.91, but opened at $9.08. Direxion Daily TSLA Bull 2X Shares shares last traded at $9.11, with a volume of 84,552,294 shares traded.

Direxion Daily TSLA Bull 2X Shares Stock Up 16.5 %

The stock has a market capitalization of $1.78 billion, a PE ratio of 38.91 and a beta of -5.14. The stock’s 50-day moving average is $21.60 and its 200 day moving average is $18.95.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $916,000. Sloy Dahl & Holst LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $2,352,000. JPMorgan Chase & Co. grew its position in Direxion Daily TSLA Bull 2X Shares by 248.3% in the third 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 in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $5,752,000. Finally, Lauer Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $5,285,000.

Direxion Daily TSLA Bull 2X Shares Company Profile