Short Interest in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Expands By 57.9%

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 1,910,000 shares, an increase of 57.9% from the October 31st total of 1,210,000 shares. Based on an average trading volume of 13,009,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On 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 raised its holdings in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 44.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 110,477 shares of the company’s stock after acquiring an additional 34,106 shares during the period. Flow Traders U.S. LLC owned approximately 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent quarter.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Down 4.0 %

TSLZ stock traded down $0.17 during midday trading on Friday, reaching $4.05. The stock had a trading volume of 9,869,153 shares, compared to its average volume of 5,555,041. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $3.59 and a 52-week high of $60.65. The company’s fifty day simple moving average is $9.01 and its 200 day simple moving average is $17.09.

About T-Rex 2X Inverse Tesla Daily Target ETF

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.