Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Up 53.4% in February

Posted by Jeff Wilder on Mar 16th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, an increase of 53.4% from the February 13th total of 40,370,000 shares. Based on an average daily trading volume, of 85,902,200 shares, the short-interest ratio is currently 0.7 days. Currently, 32.0% of the shares of the company are short sold.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of hedge funds have recently made changes to their positions in the business. PayPay Securities Corp acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $50,000. Bank of Montreal Can acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $92,000. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $119,000. Sanctuary Advisors LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth approximately $152,000. Finally, Optiver Holding B.V. acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $240,000.

Direxion Daily TSLA Bull 2X Shares Stock Up 7.6 %

TSLL opened at $9.22 on Friday. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $4.94 and a 12-month high of $41.50. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of 43.99 and a beta of 2.50. The business has a 50 day moving average of $20.54 and a 200-day moving average of $18.87.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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