Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Up – Time to Buy?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped up prior to trading on Thursday . The stock had previously closed at $24.73, but opened at $27.49. Direxion Daily TSLA Bull 2X Shares shares last traded at $24.35, with a volume of 23,919,554 shares.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The stock has a fifty day moving average of $27.83 and a 200 day moving average of $17.53. The company has a market capitalization of $5.13 billion, a PE ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

Hedge funds have recently modified their holdings of the company. Citigroup Inc. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $51,145,000. TB Alternative Assets Ltd. bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at approximately $2,794,000. Lauer Wealth LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at approximately $5,285,000. JPMorgan Chase & Co. increased its position in shares of Direxion Daily TSLA Bull 2X Shares by 248.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after purchasing an additional 113,068 shares during the last quarter. Finally, Sloy Dahl & Holst LLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at $2,352,000.

Direxion Daily TSLA Bull 2X Shares Company Profile