Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Strong Trading Volume – What’s Next?

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw an uptick in trading volume on Monday . 41,328,570 shares traded hands during trading, an increase of 2% from the previous session’s volume of 40,474,609 shares.The stock last traded at $21.00 and had previously closed at $18.71.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm has a market capitalization of $4.01 billion, a P/E ratio of 40.38 and a beta of -5.14. The company’s 50 day moving average price is $12.64 and its 200 day moving average price is $10.69.

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 issued a dividend of $0.0803 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.53%. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Tuesday, September 24th.

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

Several hedge funds have recently bought and sold shares of TSLL. TB Alternative Assets Ltd. acquired a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $2,794,000. Virtu Financial LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at about $522,000. Scientech Research LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at about $869,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the second quarter valued at approximately $213,000. Finally, Beacon Capital Management LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 2nd quarter valued at $120,000.

About Direxion Daily TSLA Bull 2X Shares