T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Stock Price Down 7.9% – Here’s What Happened

Shares of T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) were down 7.9% during mid-day trading on Thursday . The company traded as low as $24.96 and last traded at $25.03. Approximately 2,508,355 shares changed hands during trading, a decline of 57% from the average daily volume of 5,803,930 shares. The stock had previously closed at $27.17.

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

The stock has a fifty day simple moving average of $17.24 and a 200-day simple moving average of $14.57.

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.

Further Reading

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