Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Shares Gap Down – Time to Sell?

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $35.08, but opened at $34.30. Direxion Daily TSLA Bull 2X Shares shares last traded at $32.74, with a volume of 15,396,614 shares traded.

Direxion Daily TSLA Bull 2X Shares Price Performance

The firm’s 50 day simple moving average is $22.30 and its two-hundred day simple moving average is $14.85. The firm has a market capitalization of $6.06 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a $0.1399 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in Direxion Daily TSLA Bull 2X Shares by 248.3% during the 3rd 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. Sanctuary Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter valued at about $152,000. Morse Asset Management Inc purchased a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth about $119,000. TRUE Private Wealth Advisors boosted its holdings in shares of Direxion Daily TSLA Bull 2X Shares by 5.0% during the third quarter. TRUE Private Wealth Advisors now owns 46,046 shares of the company’s stock worth $636,000 after purchasing an additional 2,204 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 7.3% in the third quarter. Captrust Financial Advisors now owns 47,753 shares of the company’s stock worth $660,000 after purchasing an additional 3,246 shares during the last quarter.

Direxion Daily TSLA Bull 2X Shares Company Profile