Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Short Interest Down 65.2% in May

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,012,644 shares, a decline of 65.2% from the April 30th total of 2,907,315 shares. Based on an average daily trading volume, of 58,386,736 shares, the days-to-cover ratio is presently 0.0 days. Approximately 15.6% of the company’s shares are short sold.

Leverage Shares 2x Long TSLA Daily ETF Price Performance

TSLG traded down $0.24 during trading on Friday, hitting $7.83. The company’s stock had a trading volume of 18,239,497 shares, compared to its average volume of 44,912,887. Leverage Shares 2x Long TSLA Daily ETF has a twelve month low of $4.39 and a twelve month high of $12.24. The stock’s fifty day moving average price is $6.54 and its 200-day moving average price is $7.95.

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.