Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Down 11.8%

Posted by Doug Madison on Aug 1st, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) traded down 11.8% during trading on Thursday . The stock traded as low as $10.40 and last traded at $10.40. Approximately 30,290,252 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 29,468,221 shares. The stock had previously closed at $11.79.

Direxion Daily TSLA Bull 2X Shares Trading Down 13.0 %

The business’s 50-day simple moving average is $10.32 and its two-hundred day simple moving average is $9.15. The firm has a market cap of $1.62 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a dividend of $0.0818 per share. The ex-dividend date was Tuesday, June 25th.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TSLL. Capital Investment Advisory Services LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $29,000. Clarity Capital Partners LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $1,058,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $144,000. Traynor Capital Management Inc. grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 22.6% during the 1st quarter. Traynor Capital Management Inc. now owns 382,684 shares of the company’s stock worth $3,104,000 after buying an additional 70,574 shares during the period. Finally, Sloy Dahl & Holst LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth approximately $223,000.