Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Trading 4.4% Higher – Should You Buy?

Posted by Micah Haroldson on Mar 29th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report)’s share price were up 4.4% during trading on Thursday . The company traded as high as $11.18 and last traded at $11.01. Approximately 65,307,631 shares traded hands during trading, a decline of 41% from the average daily volume of 111,058,109 shares. The stock had previously closed at $10.55.

Direxion Daily TSLA Bull 2X Shares Stock Down 7.3 %

The business has a fifty day moving average of $16.98 and a 200 day moving average of $18.80. The firm has a market cap of $1.90 billion, a P/E ratio of 43.99 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be issued a dividend of $0.0845 per share. The ex-dividend date is Tuesday, March 25th. This is a positive change from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.43%.

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

Several hedge funds have recently added to or reduced their stakes in TSLL. Mercer Global Advisors Inc. ADV bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $551,000. Bison Wealth LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $1,514,000. Optiver Holding B.V. bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter valued at about $240,000. Tower Research Capital LLC TRC lifted its position in Direxion Daily TSLA Bull 2X Shares by 13.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock worth $741,000 after acquiring an additional 3,294 shares during the last quarter. Finally, Barclays PLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $7,433,000.