Direxion Daily TSLA Bull 2X Shares Sees Unusually Large Options Volume (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw unusually large options trading activity on Wednesday. Traders acquired 206,245 call options on the company. This represents an increase of approximately 56% compared to the average volume of 131,936 call options.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

Several hedge funds have recently modified their holdings of the company. Sanctuary Advisors LLC grew its stake in Direxion Daily TSLA Bull 2X Shares by 13.7% in the 4th quarter. Sanctuary Advisors LLC now owns 12,500 shares of the company’s stock valued at $327,000 after purchasing an additional 1,505 shares during the period. PayPay Securities Corp bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $50,000. TRUE Private Wealth Advisors grew its position in shares of Direxion Daily TSLA Bull 2X Shares by 5.9% during the 4th quarter. TRUE Private Wealth Advisors now owns 48,775 shares of the company’s stock valued at $1,343,000 after acquiring an additional 2,729 shares during the period. Captrust Financial Advisors increased its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% during the 3rd quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock worth $660,000 after purchasing an additional 3,246 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 13.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock worth $741,000 after purchasing an additional 3,294 shares during the period.

Direxion Daily TSLA Bull 2X Shares Stock Up 42.0 %

NASDAQ:TSLL traded up $2.85 during trading hours on Wednesday, hitting $9.64. 337,649,357 shares of the company traded hands, compared to its average volume of 76,089,910. Direxion Daily TSLA Bull 2X Shares has a one year low of $4.94 and a one year high of $41.50. The company has a market cap of $4.21 billion, a PE ratio of 47.43 and a beta of -5.14. The firm’s 50-day simple moving average is $14.00 and its 200-day simple moving average is $18.73.

Direxion Daily TSLA Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a $0.0845 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 3.51%. This is an increase from Direxion Daily TSLA Bull 2X Shares’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, March 25th.

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