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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) shot up 3.5% during mid-day trading on Friday . The company traded as high as $8.68 and last traded at $8.45. 80,237,768 shares changed 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 Stock Performance

The business’s fifty day moving average price is $18.73 and its 200-day moving average price is $18.83. The stock has a market cap of $1.75 billion, a PE ratio of 43.99 and a beta of -5.14.

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

Institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $916,000. Sloy Dahl & Holst LLC bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at approximately $2,352,000. JPMorgan Chase & Co. raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 248.3% during the third quarter. JPMorgan Chase & Co. now owns 158,598 shares of the company’s stock valued at $2,192,000 after buying an additional 113,068 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $5,752,000. Finally, Lauer Wealth LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at $5,285,000.

Direxion Daily TSLA Bull 2X Shares Company Profile