Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Down 6.9% – Here’s Why

Posted by Tyrone Williams on Mar 30th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) were down 6.9% during mid-day trading on Friday . The company traded as low as $9.65 and last traded at $9.88. Approximately 90,357,429 shares traded hands during trading, an increase of 35% from the average daily volume of 66,756,694 shares. The stock had previously closed at $10.62.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm’s fifty day simple moving average is $16.98 and its 200 day simple moving average is $18.86. The company has a market capitalization of $1.90 billion, a PE ratio of 43.99 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a $0.0845 dividend. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, March 25th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.43%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 13.7% during the 4th quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock worth $327,000 after purchasing an additional 1,505 shares during the period. PayPay Securities Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $50,000. TRUE Private Wealth Advisors boosted its holdings in Direxion Daily TSLA Bull 2X Shares by 5.0% during the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after buying an additional 2,204 shares in the last quarter. Captrust Financial Advisors grew its position in Direxion Daily TSLA Bull 2X Shares by 7.3% during the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after buying an additional 3,246 shares during the period. Finally, Tower Research Capital LLC TRC increased its holdings in Direxion Daily TSLA Bull 2X Shares by 13.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock valued at $741,000 after buying an additional 3,294 shares in the last quarter.