Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 6.2% – Here’s Why

Posted by Alanna Baker on Feb 12th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares traded up 6.2% during trading on Wednesday . The company traded as high as $18.34 and last traded at $18.42. 45,890,298 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 64,916,602 shares. The stock had previously closed at $17.35.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The business’s 50-day moving average price is $28.14 and its 200 day moving average price is $18.19. The company has a market cap of $3.65 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 declared a dividend, which was paid on Tuesday, December 31st. Shareholders 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

A number of hedge funds have recently made changes to their positions in TSLL. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth approximately $50,000. Morse Asset Management Inc acquired a new position in shares of 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 during the 3rd quarter worth about $152,000. Aire Advisors LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $241,000. Finally, Fortis Capital Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $262,000.