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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLLGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $10.66, but opened at $9.84. Direxion Daily TSLA Bull 2X Shares shares last traded at $8.81, with a volume of 50,311,802 shares.

Direxion Daily TSLA Bull 2X Shares Stock Down 21.3 %

The firm has a fifty day moving average price of $22.44 and a two-hundred day moving average price of $18.98. The stock has a market capitalization of $1.62 billion, a P/E ratio of 38.91 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.1399 dividend. The ex-dividend date was Monday, December 23rd.

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

A number of institutional investors have recently made changes to their positions in the company. PayPay Securities Corp purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at $50,000. Bank of Montreal Can bought a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $92,000. Morse Asset Management Inc purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 3rd quarter worth about $119,000. Optiver Holding B.V. purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth about $240,000. Finally, Aire Advisors LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $241,000.

About Direxion Daily TSLA Bull 2X Shares

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