Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase Following Dividend Announcement

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Volume Increase Following Dividend Announcement


Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) saw strong trading volume on Monday after the company announced a dividend. 8,178,859 shares traded hands during mid-day trading, a decline of 64% from the previous session’s volume of 22,510,361 shares.The stock last traded at $8.35 and had previously closed at $7.97.

The newly announced dividend which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th will be given a dividend of $0.0818 per share. The ex-dividend date is Tuesday, June 25th.

Direxion Daily TSLA Bull 2X Shares Stock Performance

The firm has a market capitalization of $945.92 million, a PE ratio of 40.38 and a beta of -5.14. The company’s 50-day moving average price is $7.51 and its 200-day moving average price is $9.37.

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

Several institutional investors have recently modified their holdings of TSLL. Capital Investment Advisory Services LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth $29,000. Headlands Technologies LLC purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the 1st quarter worth $54,000. B. Riley Wealth Advisors Inc. purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $144,000. Sloy Dahl & Holst LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares in the first quarter valued at $223,000. Finally, TRUE Private Wealth Advisors lifted its position in Direxion Daily TSLA Bull 2X Shares by 11.2% in the first quarter. TRUE Private Wealth Advisors now owns 42,700 shares of the company’s stock valued at $346,000 after acquiring an additional 4,315 shares during the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile

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