Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Sees Significant Increase in Short Interest

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 2,907,315 shares, a growth of 122.7% from the April 15th total of 1,305,401 shares. Based on an average daily trading volume, of 50,136,356 shares, the short-interest ratio is presently 0.1 days. Approximately 44.8% of the shares of the stock are short sold.

Leverage Shares 2x Long TSLA Daily ETF Stock Performance

Shares of TSLG traded down $0.79 during trading hours on Friday, reaching $7.42. 24,189,525 shares of the company’s stock traded hands, compared to its average volume of 46,001,754. Leverage Shares 2x Long TSLA Daily ETF has a 12 month low of $4.39 and a 12 month high of $12.24. The firm’s 50 day simple moving average is $6.44 and its 200-day simple moving average is $8.16.

About Leverage Shares 2x Long TSLA Daily ETF

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) 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 stock, less fees, and expenses. TSLG was launched on Dec 13, 2024 and is issued by Leverage Shares.