Direxion Daily TSLA Bull 2X Shares Target of Unusually High Options Trading (NASDAQ:TSLL)

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $916,000. Sloy Dahl & Holst LLC acquired a new position in Direxion Daily TSLA Bull 2X Shares during the fourth quarter valued at $2,352,000. JPMorgan Chase & Co. lifted its position in 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 purchasing an additional 113,068 shares during the period. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $5,752,000. Finally, Simplify Asset Management Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter worth about $5,014,000.

Direxion Daily TSLA Bull 2X Shares Stock Up 18.3 %

Shares of TSLL traded up $1.66 during trading hours on Monday, reaching $10.70. 127,441,299 shares of the company traded hands, compared to its average volume of 63,381,865. The stock has a market capitalization of $2.07 billion, a P/E ratio of 43.99 and a beta of -5.14. Direxion Daily TSLA Bull 2X Shares has a 12-month low of $4.94 and a 12-month high of $41.50. The business has a fifty day moving average price of $18.73 and a 200-day moving average price of $18.90.

Direxion Daily TSLA Bull 2X Shares Company Profile