Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Here’s What Happened

Posted by Tyrone Williams on Feb 12th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $21.13, but opened at $20.50. Direxion Daily TSLA Bull 2X Shares shares last traded at $20.61, with a volume of 22,371,782 shares.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market capitalization of $3.36 billion, a P/E ratio of 40.38 and a beta of -5.14. The company has a 50 day moving average of $28.23 and a 200-day moving average of $18.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Investors Weigh In On Direxion Daily TSLA Bull 2X Shares

Several institutional investors and hedge funds have recently modified their holdings of the stock. Sanctuary Advisors LLC raised its stake in Direxion Daily TSLA Bull 2X Shares by 13.7% in the fourth quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock worth $327,000 after buying an additional 1,505 shares in the last quarter. PayPay Securities Corp bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $50,000. TRUE Private Wealth Advisors raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% in the 3rd quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after acquiring an additional 2,204 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after purchasing an additional 3,246 shares during the period. Finally, Morse Asset Management Inc bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $119,000.