Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Down 5.2% – Here’s What Happened

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shares fell 5.2% on Thursday . The stock traded as low as $28.57 and last traded at $28.65. 12,892,701 shares traded hands during trading, a decline of 80% from the average session volume of 65,364,063 shares. The stock had previously closed at $30.22.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $5.07 billion, a P/E ratio of 40.38 and a beta of -5.14. The firm has a 50 day moving average price of $26.23 and a two-hundred day moving average price of $16.56.

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 paid a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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

Several large investors have recently modified their holdings of the stock. AE Wealth Management LLC boosted its stake in shares of Direxion Daily TSLA Bull 2X Shares by 16.0% during the 2nd quarter. AE Wealth Management LLC now owns 14,476 shares of the company’s stock worth $133,000 after acquiring an additional 2,000 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings 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 valued at $636,000 after purchasing an additional 2,204 shares in the last quarter. Captrust Financial Advisors lifted its holdings 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 valued at $660,000 after purchasing an additional 3,246 shares in the last quarter. Morse Asset Management Inc purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $119,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at $152,000.

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