Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sees Unusually-High Trading Volume - Still a Buy?

Shares of Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report) saw unusually-high trading volume on Monday . Approximately 105,381,300 shares changed hands during trading, an increase of 34% from the previous session's volume of 78,646,144 shares.The stock last traded at $8.37 and had previously closed at $8.41.Direxion Daily TSLA Bull 2X Shares Trading Up 0.6 %The stock has a market cap of $4.34 billion, a P/E ratio of 47.43 and a beta of -5.14. The business's fifty day simple moving average is $12.70 and its 200 day simple moving average is $18.62. Direxion Daily TSLA Bull 2X Shares Increases DividendThe business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0845 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.99%. This is a positive change from Direxion Daily TSLA Bull 2X Shares's previous quarterly dividend of $0.08. Institutional Inflows and OutflowsSeveral large investors have recently bought and sold shares of TSLL. PayPay Securities Corp bought a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth $50,000. Parallel Advisors LLC raised its holdings in Direxion Daily TSLA Bull 2X Shares by 1,723.8% during the 1st quarter. Parallel Advisors LLC now owns 7,295 shares of the company's stock worth $69,000 after purchasing an additional 6,895 shares during the last quarter. Bank of Montreal Can acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 4th quarter valued at about $92,000. Morse Asset Management Inc acquired a new position in Direxion Daily TSLA Bull 2X Shares during the 3rd quarter valued at about $119,000. Finally, Sanctuary Advisors LLC bought a new position in shares of Direxion Daily TSLA Bull 2X Shares in the 3rd quarter valued at about $152,000. About Direxion Daily TSLA Bull 2X Shares (Get Free Report)Recommended StoriesFive stocks we like better than Direxion Daily TSLA Bull 2X SharesWhat Are Trending Stocks? Trending Stocks ExplainedWhy NVIDIA Stock Could Soar Despite Wall Street DowngradesThe 3 Best Retail Stocks to Shop for in AugustTop 3 Large Cap Stocks Insiders Bought in Q1: Buy, Sell, or HoldUptrend Stocks Explained: Learn How to Trade Using Uptrends3 Hot New IPOs Defying the 2025 Market SlumpThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Direxion Daily TSLA Bull 2X Shares Right Now?Before you consider Direxion Daily TSLA Bull 2X Shares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily TSLA Bull 2X Shares wasn't on the list.While Direxion Daily TSLA Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here