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

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $24.73, but opened at $27.49. Direxion Daily TSLA Bull 2X Shares shares last traded at $24.35, with a volume of 23,919,554 shares trading hands.

Direxion Daily TSLA Bull 2X Shares Trading Up 9.0 %

The stock has a 50 day simple moving average of $27.83 and a 200-day simple moving average of $17.53. The firm has a market capitalization of $5.13 billion, a P/E ratio of 40.38 and a beta of -5.14.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.1399 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TSLL. PayPay Securities Corp purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $50,000. Morse Asset Management Inc purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $119,000. Sanctuary Advisors LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $152,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 2nd quarter valued at about $213,000. Finally, Client First Investment Management LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $327,000.

About Direxion Daily TSLA Bull 2X Shares