Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading Up 4.7% – Should You Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) traded up 4.7% during trading on Friday . The company traded as high as $32.60 and last traded at $32.06. 23,159,256 shares were traded during mid-day trading, a decline of 44% from the average session volume of 41,582,363 shares. The stock had previously closed at $30.62.

Direxion Daily TSLA Bull 2X Shares Stock Up 5.4 %

The business has a fifty day moving average of $17.05 and a 200 day moving average of $12.74. The firm has a market cap of $6.19 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, December 12th will be issued a $0.3004 dividend. The ex-dividend date of this dividend is Thursday, December 12th. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous dividend of $0.08.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TSLL. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Beacon Capital Management LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter worth about $120,000. AE Wealth Management LLC increased its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% in the second quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after acquiring an additional 2,000 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter worth about $152,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the second quarter worth about $213,000.

About Direxion Daily TSLA Bull 2X Shares

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