Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Up 3.5% – Here’s What Happened

Posted by Brian Himes on Mar 21st, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) shares shot up 3.5% during mid-day trading on Friday . The stock traded as high as $8.68 and last traded at $8.45. 80,237,768 shares traded hands during trading, a decline of 23% from the average session volume of 103,751,695 shares. The stock had previously closed at $8.16.

Direxion Daily TSLA Bull 2X Shares Price Performance

The stock has a market cap of $1.70 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14. The company’s fifty day moving average price is $19.06 and its 200-day moving average price is $18.77.

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

Several hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares during 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 worth approximately $1,514,000. Optiver Holding B.V. acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $240,000. Tower Research Capital LLC TRC increased its holdings in 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 buying an additional 3,294 shares during the period. Finally, Barclays PLC acquired a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $7,433,000.