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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) was the recipient of unusually large options trading activity on Monday. Traders acquired 133,925 call options on the company. This represents an increase of approximately 16% compared to the typical daily volume of 115,476 call options.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock opened at $11.16 on Tuesday. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 43.99 and a beta of -5.14. The firm has a fifty day moving average of $18.41 and a 200-day moving average of $18.90. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $4.94 and a 52-week high of $41.50.

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

Institutional investors have recently added to or reduced their stakes in the stock. Citigroup Inc. bought a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $51,145,000. Simplex Trading LLC increased its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 230.3% in the fourth quarter. Simplex Trading LLC now owns 465,134 shares of the company’s stock valued at $12,805,000 after purchasing an additional 324,332 shares in the last quarter. Barclays PLC bought a new position in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth approximately $7,433,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $5,752,000. Finally, Lauer Wealth LLC bought a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $5,285,000.

Direxion Daily TSLA Bull 2X Shares Company Profile