T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Sees Large Increase in Short Interest

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,210,000 shares, a growth of 286.3% from the October 15th total of 313,200 shares. Based on an average trading volume of 7,046,300 shares, the days-to-cover ratio is currently 0.2 days.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Performance

Shares of NASDAQ:TSLZ traded up $0.19 during midday trading on Tuesday, hitting $4.20. 27,025,762 shares of the company’s stock traded hands, compared to its average volume of 3,878,535. The firm’s fifty day moving average price is $11.67 and its two-hundred day moving average price is $19.45. T-Rex 2X Inverse Tesla Daily Target ETF has a twelve month low of $3.77 and a twelve month high of $60.65.

T-Rex 2X Inverse Tesla Daily Target ETF Company Profile

The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLZ was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.