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

Posted by Dante Gardener on Apr 2nd, 2025

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $10.21, but opened at $9.16. Direxion Daily TSLA Bull 2X Shares shares last traded at $9.97, with a volume of 69,067,883 shares traded.

Direxion Daily TSLA Bull 2X Shares Trading Down 4.3 %

The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 47.43 and a beta of -5.14. The firm’s 50-day moving average is $16.19 and its two-hundred day moving average is $18.90.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.0845 per share. This is a boost from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.34 annualized dividend and a dividend yield of 3.46%. The ex-dividend date was Tuesday, March 25th.

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

A number of hedge funds have recently modified their holdings of the company. PayPay Securities Corp acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $50,000. Bank of Montreal Can purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $92,000. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares in the third quarter valued at about $119,000. Optiver Holding B.V. acquired a new position in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $240,000. Finally, Aire Advisors LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $241,000.