Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Gap Down – Should You Sell?

Posted by Caroline Horne on Mar 13th, 2025

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $70.50, but opened at $68.66. Tradr 2X Short TSLA Daily ETF shares last traded at $70.85, with a volume of 6,539,136 shares trading hands.

Tradr 2X Short TSLA Daily ETF Price Performance

The stock’s fifty day simple moving average is $33.63 and its 200-day simple moving average is $72.35. The firm has a market cap of $443.86 million, a PE ratio of 90.38 and a beta of 3.46.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $1.3242 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Tradr 2X Short TSLA Daily ETF

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF as of its most recent SEC filing.

Tradr 2X Short TSLA Daily ETF Company Profile

(Get Free Report)

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.