Traynor Capital Management Inc. Sells 69,932 Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)

Traynor Capital Management Inc. decreased its position in shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) by 16.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 367,946 shares of the company’s stock after selling 69,932 shares during the quarter. Traynor Capital Management Inc. owned approximately 0.18% of Direxion Daily TSLA Bull 2X Shares worth $5,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clarity Capital Partners LLC grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 112.8% during the 1st quarter. Clarity Capital Partners LLC now owns 156,790 shares of the company’s stock worth $1,272,000 after buying an additional 83,110 shares in the last quarter. TB Alternative Assets Ltd. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the third quarter valued at about $2,794,000. Headlands Technologies LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $54,000. Virtu Financial LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the first quarter valued at about $522,000. Finally, Scientech Research LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the second quarter valued at about $869,000.

Direxion Daily TSLA Bull 2X Shares Price Performance

Shares of TSLL stock opened at $13.13 on Tuesday. Direxion Daily TSLA Bull 2X Shares has a 1-year low of $4.94 and a 1-year high of $16.85. The stock’s 50-day moving average is $10.93 and its 200 day moving average is $9.81. The company has a market cap of $2.67 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 quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.0803 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.32 dividend on an annualized basis and a yield of 2.45%. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08.

Direxion Daily TSLA Bull 2X Shares Profile