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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped down prior to trading on Monday . The stock had previously closed at $9.22, but opened at $8.86. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.66, with a volume of 31,434,812 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm has a market cap of $2.76 billion, a P/E ratio of 43.99 and a beta of 2.50. The stock’s 50 day moving average is $20.54 and its two-hundred day moving average is $18.94.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Several large investors have recently added to or reduced their stakes in TSLL. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $50,000. Bank of Montreal Can acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $92,000. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter worth $119,000. Optiver Holding B.V. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $240,000. Finally, Aire Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $241,000.

Direxion Daily TSLA Bull 2X Shares Company Profile