Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase – Here’s What Happened

Posted by Stacy Sanders on Mar 18th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 43,359,450 shares changed hands during mid-day trading, a decline of 28% from the previous session’s volume of 60,483,910 shares.The stock last traded at $7.36 and had previously closed at $8.34.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14. The business’s fifty day simple moving average is $20.15 and its 200 day simple 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 issued a $0.1399 dividend. The ex-dividend date was Monday, December 23rd.

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

A number of institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $916,000. Sloy Dahl & Holst LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $2,352,000. JPMorgan Chase & Co. increased its position in shares of 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 purchasing an additional 113,068 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $5,752,000. Finally, Lauer Wealth LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $5,285,000.