Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Significant Growth in Short Interest

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, a growth of 53.4% from the February 13th total of 40,370,000 shares. Currently, 32.0% of the shares of the company are short sold. Based on an average daily volume of 85,902,200 shares, the short-interest ratio is currently 0.7 days.

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

Several large investors have recently made changes to their positions in the business. Sanctuary Advisors LLC increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.7% in the fourth quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock worth $327,000 after acquiring an additional 1,505 shares in the last quarter. PayPay Securities Corp acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth $50,000. TRUE Private Wealth Advisors increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% in the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after acquiring an additional 2,204 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock worth $660,000 after acquiring an additional 3,246 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock worth $741,000 after acquiring an additional 3,294 shares in the last quarter.

Direxion Daily TSLA Bull 2X Shares Stock Up 7.6 %

Shares of NASDAQ TSLL traded up $0.65 during midday trading on Friday, hitting $9.22. The company had a trading volume of 159,249,371 shares, compared to its average volume of 59,932,278. Direxion Daily TSLA Bull 2X Shares has a twelve month low of $4.94 and a twelve month high of $41.50. The business has a 50-day simple moving average of $20.54 and a two-hundred day simple moving average of $18.80. The firm has a market capitalization of $3.14 billion, a price-to-earnings ratio of 43.99 and a beta of 2.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

About Direxion Daily TSLA Bull 2X Shares

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