--- title: "Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sets New 52-Week Low - Here's Why" type: "News" locale: "en" url: "https://longbridge.com/en/news/294169331.md" description: "Direxion Daily TSLA Bull 2X Shares (TSLL) hit a new 52-week low of $6.85, closing at $7.15 with significant trading volume. The ETF, which provides leveraged exposure to Tesla, saw institutional investors like Renaissance Technologies and Bank of Montreal significantly increase their stakes in recent quarters. Despite the price drop, the fund maintains a dividend yield of 5.9%. Analysts currently hold a 'Hold' rating on TSLL." datetime: "2026-07-29T07:40:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294169331.md) - [en](https://longbridge.com/en/news/294169331.md) - [zh-HK](https://longbridge.com/zh-HK/news/294169331.md) generator: "portal-rs" --- # Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Sets New 52-Week Low - Here's Why Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $6.85 and last traded at $7.15, with a volume of 84659163 shares trading hands. The stock had previously closed at $7.24. ## Direxion Daily TSLA Bull 2X Shares Trading Down 1.2% - Is the Explosion of Single-Stock ETFs an Opportunity or a Danger? The company has a fifty day simple moving average of $12.84 and a two-hundred day simple moving average of $13.97. The company has a market cap of $2.35 billion, a PE ratio of 88.55 and a beta of 2.70. ## Direxion Daily TSLA Bull 2X Shares Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.1049 dividend. This represents a $0.42 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Tuesday, June 23rd. ## Institutional Trading of Direxion Daily TSLA Bull 2X Shares Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC grew its stake in shares of Direxion Daily TSLA Bull 2X Shares by 2,438.5% during the first quarter. Renaissance Technologies LLC now owns 2,198,300 shares of the company's stock worth $26,709,000 after purchasing an additional 2,111,700 shares in the last quarter. Bank of Montreal Can raised its stake in Direxion Daily TSLA Bull 2X Shares by 1,541.0% in the fourth quarter. Bank of Montreal Can now owns 1,476,100 shares of the company's stock valued at $28,208,000 after buying an additional 1,386,150 shares in the last quarter. UBS Group AG lifted its holdings in Direxion Daily TSLA Bull 2X Shares by 9.0% during the 3rd quarter. UBS Group AG now owns 7,933,334 shares of the company's stock worth $167,473,000 after buying an additional 654,265 shares during the last quarter. Virtu Financial LLC purchased a new stake in Direxion Daily TSLA Bull 2X Shares during the 4th quarter worth about $5,913,000. Finally, Sloy Dahl & Holst LLC boosted its position in shares of Direxion Daily TSLA Bull 2X Shares by 19.0% during the 4th quarter. Sloy Dahl & Holst LLC now owns 1,688,402 shares of the company's stock worth $32,265,000 after acquiring an additional 269,324 shares in the last quarter. ## About Direxion Daily TSLA Bull 2X Shares (Get Free Report) The Direxion Daily TSLA Bull 1.5X Shares ETF (TSLL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLL was launched on Aug 9, 2022 and is managed by Direxion. ## Read More - Five stocks we like better than Direxion Daily TSLA Bull 2X Shares - These 3 Stocks Have Soared in 2026—Can They Keep Climbing? - Hasbro’s Earnings Beat Shows Why This Is No Longer Just a Toy Story - Rambus: Another AI Phoenix Ready to Rise From the Ashes of Correction - Chips & Clips: Memory Tariffs Rewire Tech Supply Chains *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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. 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