T-Rex 2X Inverse Tesla Daily Target ETF Target of Unusually High Options Trading (NASDAQ:TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) saw unusually large options trading activity on Tuesday. Investors purchased 2,951 call options on the stock. This represents an increase of 54% compared to the typical volume of 1,913 call options.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Up 7.1 %

TSLZ stock traded up $0.39 during midday trading on Tuesday, reaching $5.84. 38,824,829 shares of the stock were exchanged, compared to its average volume of 23,228,644. T-Rex 2X Inverse Tesla Daily Target ETF has a 52 week low of $1.85 and a 52 week high of $60.65. The company has a fifty day moving average price of $3.27 and a 200 day moving average price of $6.38.

Hedge Funds Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. Flow Traders U.S. LLC lifted its position in shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 44.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,477 shares of the company’s stock after buying an additional 34,106 shares during the quarter. Flow Traders U.S. LLC owned about 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent reporting period.

T-Rex 2X Inverse Tesla Daily Target ETF Company Profile

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.