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

Posted by Tyrone Williams on Mar 21st, 2025

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $7.47, but opened at $7.87. Direxion Daily TSLA Bull 2X Shares shares last traded at $7.83, with a volume of 32,079,339 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $1.58 billion, a P/E ratio of 43.99 and a beta of -5.14. The firm has a 50-day moving average of $19.06 and a 200-day moving average of $18.77.

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

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mercer Global Advisors Inc. ADV bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $551,000. Bison Wealth LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $1,514,000. Optiver Holding B.V. bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $240,000. Tower Research Capital LLC TRC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 13.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock worth $741,000 after purchasing an additional 3,294 shares during the period. Finally, Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $7,433,000.