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

Posted by Stanley Muller on Mar 4th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $12.67, but opened at $11.44. Direxion Daily TSLA Bull 2X Shares shares last traded at $10.75, with a volume of 61,146,571 shares traded.

Direxion Daily TSLA Bull 2X Shares Price Performance

The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 38.91 and a beta of -5.14. The business’s 50-day moving average price is $24.33 and its two-hundred day moving average price is $18.95.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently disclosed 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 Trading of Direxion Daily TSLA Bull 2X Shares

Several large investors have recently modified their holdings of TSLL. Citigroup Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter worth $51,145,000. Captrust Financial Advisors raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock valued at $660,000 after buying an additional 3,246 shares in the last quarter. TRUE Private Wealth Advisors raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% in the 3rd quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock valued at $636,000 after buying an additional 2,204 shares in the last quarter. Morse Asset Management Inc acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at approximately $119,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at approximately $152,000.