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

Posted by Caroline Horne on Dec 27th, 2024

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ – Get Free Report) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 710,800 shares, a drop of 64.5% from the November 30th total of 2,000,000 shares. Based on an average trading volume of 28,175,900 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. Flow Traders U.S. LLC grew its position in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ – Free Report) by 44.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 110,477 shares of the company’s stock after purchasing an additional 34,106 shares during the period. Flow Traders U.S. LLC owned about 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent reporting period.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Up 9.8 %

Shares of T-Rex 2X Inverse Tesla Daily Target ETF stock traded up $0.19 during mid-day trading on Friday, reaching $2.19. 54,130,961 shares of the stock were exchanged, compared to its average volume of 9,689,401. T-Rex 2X Inverse Tesla Daily Target ETF has a fifty-two week low of $1.85 and a fifty-two week high of $60.65. The firm has a 50-day simple moving average of $5.30 and a 200 day simple moving average of $13.07.

About T-Rex 2X Inverse Tesla Daily Target ETF

(Get Free Report)

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.