T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) Short Interest Update

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 632,548 shares, an increase of 104.4% from the June 15th total of 309,485 shares. Based on an average daily trading volume, of 3,160,450 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in T-Rex 2X Inverse Tesla Daily Target ETF stock. DRW Securities LLC purchased a new stake in shares of T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 22,200 shares of the company’s stock, valued at approximately $263,000.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Down 0.7%

Shares of BATS TSLZ opened at $11.45 on Wednesday. The firm’s 50-day moving average price is $11.65 and its 200-day moving average price is $13.11. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $9.73 and a 52-week high of $34.80.

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.