Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Update

Posted by Scott Davis on Mar 17th, 2025

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL – Get Free Report) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 61,940,000 shares, a growth of 53.4% from the February 13th total of 40,370,000 shares. Approximately 32.0% of the shares of the company are sold short. Based on an average daily trading volume, of 85,902,200 shares, the days-to-cover ratio is presently 0.7 days.

Direxion Daily TSLA Bull 2X Shares Trading Up 7.6 %

NASDAQ:TSLL opened at $9.22 on Monday. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $41.50. The firm’s fifty day simple moving average is $20.54 and its 200 day simple moving average is $18.94. The firm has a market capitalization of $3.14 billion, a PE ratio of 43.99 and a beta of 2.50.

Direxion Daily TSLA Bull 2X Shares Cuts Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mercer Global Advisors Inc. ADV acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $551,000. Bison Wealth LLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $1,514,000. Optiver Holding B.V. acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $240,000. Tower Research Capital LLC TRC grew its position in Direxion Daily TSLA Bull 2X Shares by 13.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,926 shares of the company’s stock worth $741,000 after purchasing an additional 3,294 shares during the last quarter. Finally, Barclays PLC acquired a new stake in Direxion Daily TSLA Bull 2X Shares in the 4th quarter worth $7,433,000.