Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Large Growth in Short Interest

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 12,210,000 shares, a growth of 295.1% from the March 31st total of 3,090,000 shares. Based on an average trading volume of 18,129,300 shares, the short-interest ratio is presently 0.7 days.

Direxion Daily TSLA Bull 2X Shares Trading Down 2.6 %

Shares of NASDAQ TSLL traded down $0.19 during mid-day trading on Friday, hitting $7.15. The company had a trading volume of 28,773,372 shares, compared to its average volume of 17,718,053. Direxion Daily TSLA Bull 2X Shares has a one year low of $4.94 and a one year high of $21.09. The company has a market capitalization of $768.98 million, a PE ratio of 36.80 and a beta of -5.14. The firm has a 50-day simple moving average of $8.04 and a two-hundred day simple moving average of $11.09.

Direxion Daily TSLA Bull 2X Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were paid a $0.0788 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.32 annualized dividend and a yield of 4.41%.

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

Several hedge funds have recently bought and sold shares of the stock. Capital Investment Advisory Services LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth approximately $29,000. TRUE Private Wealth Advisors raised its position in shares of Direxion Daily TSLA Bull 2X Shares by 10.2% in the third quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock valued at $593,000 after buying an additional 3,563 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $144,000. Bison Wealth LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the third quarter valued at approximately $232,000. Finally, Sloy Dahl & Holst LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares in the first quarter valued at approximately $223,000.

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