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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) gapped up prior to trading on Thursday . The stock had previously closed at $18.16, but opened at $19.09. Direxion Daily TSLA Bull 2X Shares shares last traded at $19.85, with a volume of 27,449,642 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm has a market cap of $3.82 billion, a P/E ratio of 40.38 and a beta of -5.14. The company’s 50 day moving average is $28.04 and its two-hundred day moving average is $18.19.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Trading of Direxion Daily TSLA Bull 2X Shares

A number of institutional investors and hedge funds have recently modified their holdings of the company. PayPay Securities Corp acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $50,000. Bank of Montreal Can bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $92,000. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $119,000. Sanctuary Advisors LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $152,000. Finally, Aire Advisors LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at about $241,000.

About Direxion Daily TSLA Bull 2X Shares