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

Posted by Donald Scott on Jan 22nd, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $29.53, but opened at $28.55. Direxion Daily TSLA Bull 2X Shares shares last traded at $28.71, with a volume of 13,322,397 shares.

Direxion Daily TSLA Bull 2X Shares Trading Down 1.8 %

The company has a market cap of $5.29 billion, a PE ratio of 40.38 and a beta of -5.14. The company has a fifty day simple moving average of $27.03 and a two-hundred day simple moving average of $17.05.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Hedge funds have recently added to or reduced their stakes in the company. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at $119,000. AE Wealth Management LLC raised 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 valued at $133,000 after buying an additional 2,000 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth about $152,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth about $213,000. Finally, Client First Investment Management LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $327,000.