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

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 872,100 shares, a growth of 29.0% from the September 15th total of 675,800 shares. Based on an average trading volume of 5,966,200 shares, the days-to-cover ratio is presently 0.1 days.

T-Rex 2X Inverse Tesla Daily Target ETF Price Performance

Shares of TSLZ stock traded down $0.08 during mid-day trading on Tuesday, reaching $14.00. The stock had a trading volume of 2,338,227 shares, compared to its average volume of 2,870,326. The stock’s 50-day moving average price is $14.81 and its two-hundred day moving average price is $24.37. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $10.02 and a 52-week high of $60.65.

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.