T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Short Interest Update

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,800,000 shares, a growth of 352.7% from the September 30th total of 397,600 shares. Based on an average trading volume of 5,151,000 shares, the days-to-cover ratio is currently 0.3 days.

T-Rex 2X Long Tesla Daily Target ETF Stock Up 6.4 %

Shares of TSLT stock traded up $1.14 during mid-day trading on Friday, hitting $18.83. 13,697,142 shares of the stock traded hands, compared to its average volume of 5,652,650. T-Rex 2X Long Tesla Daily Target ETF has a twelve month low of $6.76 and a twelve month high of $27.97. The company’s 50-day simple moving average is $14.86 and its 200-day simple moving average is $13.33.

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

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.