T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Down 3.6% – Time to Sell?

Shares of T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) dropped 3.6% during trading on Wednesday . The company traded as low as $27.76 and last traded at $28.38. Approximately 1,575,325 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 5,810,577 shares. The stock had previously closed at $29.45.

T-Rex 2X Long Tesla Daily Target ETF Stock Down 3.9 %

The stock has a 50-day simple moving average of $17.85 and a 200 day simple moving average of $14.87.

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

(Get Free Report)

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

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