Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Stock Price Up 4.4% – Here’s Why

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) traded up 4.4% during mid-day trading on Friday . The stock traded as high as $18.60 and last traded at $18.39. 43,364,270 shares were traded during mid-day trading, an increase of 8% from the average session volume of 40,261,840 shares. The stock had previously closed at $17.61.

Direxion Daily TSLA Bull 2X Shares Trading Up 6.2 %

The firm has a market cap of $3.59 billion, a price-to-earnings ratio of 40.38 and a beta of -5.14. The stock has a 50-day moving average of $12.64 and a 200-day moving average of $10.66.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.0803 per share. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, September 24th. This represents a $0.32 annualized dividend and a dividend yield of 1.72%.

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Large investors have recently modified their holdings of the company. TB Alternative Assets Ltd. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $2,794,000. Virtu Financial LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter worth approximately $522,000. Scientech Research LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $869,000. B. Riley Wealth Advisors Inc. bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at $213,000. Finally, Beacon Capital Management LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 2nd quarter worth $120,000.

About Direxion Daily TSLA Bull 2X Shares