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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $40.09, but opened at $37.82. Direxion Daily TSLA Bull 2X Shares shares last traded at $38.53, with a volume of 19,197,386 shares.

Direxion Daily TSLA Bull 2X Shares Stock Down 1.8 %

The company has a 50-day moving average of $18.55 and a 200-day moving average of $13.43. The company has a market cap of $7.55 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be given a dividend of $0.3004 per share. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous dividend of $0.08. The ex-dividend date of this dividend is Thursday, December 12th.

Institutional Investors 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. Citigroup Inc. purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at approximately $51,145,000. Traynor Capital Management Inc. grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 14.4% during the 2nd quarter. Traynor Capital Management Inc. now owns 437,878 shares of the company’s stock worth $4,028,000 after acquiring an additional 55,194 shares during the period. TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $2,794,000. Scientech Research LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter worth about $869,000. Finally, Captrust Financial Advisors raised its stake in 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 acquiring an additional 3,246 shares during the period.

Direxion Daily TSLA Bull 2X Shares Company Profile