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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares gapped down before the market opened 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 trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Down 2.2 %

The company’s 50 day moving average is $19.41 and its 200-day moving average is $13.71. The stock has a market cap of $6.29 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

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

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

Institutional investors and hedge funds have recently made changes to their positions in the business. Morse Asset Management Inc acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $119,000. Sanctuary Advisors LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $152,000. Beacon Capital Management LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter worth about $120,000. AE Wealth Management LLC grew its stake in 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 purchasing an additional 2,000 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at about $213,000.

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