Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Large Increase in Short Interest

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 1,047,488 shares, an increase of 74.1% from the September 15th total of 601,551 shares. Based on an average daily volume of 5,012,048 shares, the days-to-cover ratio is presently 0.2 days. Approximately 19.9% of the company’s shares are short sold.

Tradr 2X Short TSLA Daily ETF Stock Performance

Tradr 2X Short TSLA Daily ETF stock traded up $0.81 during midday trading on Friday, hitting $19.21. 6,613,021 shares of the company’s stock were exchanged, compared to its average volume of 9,150,452. Tradr 2X Short TSLA Daily ETF has a 12 month low of $14.77 and a 12 month high of $29.76. The firm has a 50-day moving average of $19.34 and a two-hundred day moving average of $20.40. The company has a market cap of $102.58 million, a PE ratio of 36.35 and a beta of -1.95.

About Tradr 2X Short TSLA Daily ETF

(Get Free Report)

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.

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