Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Significant Increase in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 36,804 shares, an increase of 731.5% from the August 15th total of 4,426 shares. Approximately 8.2% of the company’s shares are short sold. Based on an average daily volume of 62,539 shares, the days-to-cover ratio is presently 0.6 days.

Roundhill TSLA WeeklyPay ETF Stock Up 0.4%

Shares of TSLW stock opened at $18.14 on Friday. Roundhill TSLA WeeklyPay ETF has a 12-month low of $15.02 and a 12-month high of $43.59. The firm has a market capitalization of $8.16 million and a price-to-earnings ratio of 48.94. The firm has a fifty day moving average of $18.33 and a 200-day moving average of $22.21.

Roundhill TSLA WeeklyPay ETF Company Profile

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.