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

Posted by Donald Scott on Dec 27th, 2024

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $35.08, but opened at $34.30. Direxion Daily TSLA Bull 2X Shares shares last traded at $32.74, with a volume of 15,396,614 shares traded.

Direxion Daily TSLA Bull 2X Shares Stock Down 7.0 %

The stock has a fifty day moving average of $21.86 and a 200-day moving average of $14.63. The firm has a market capitalization of $6.26 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a $0.1399 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Morse Asset Management Inc bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $119,000. AE Wealth Management LLC increased its position 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 valued at $133,000 after acquiring an additional 2,000 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $152,000. B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily TSLA Bull 2X Shares during the second quarter valued at approximately $213,000. Finally, Garden State Investment Advisory Services LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the second quarter valued at approximately $366,000.