Short Interest in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Decreases By 34.2%

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 203,900 shares, a decrease of 34.2% from the March 15th total of 309,900 shares. Based on an average daily trading volume, of 12,297,800 shares, the short-interest ratio is currently 0.0 days. Currently, 2.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC purchased a new stake in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned 0.39% of Tradr 2X Short TSLA Daily ETF at the end of the most recent reporting period.

Tradr 2X Short TSLA Daily ETF Stock Up 10.0 %

TSLQ stock opened at $39.85 on Thursday. The business’s 50-day simple moving average is $44.73 and its 200 day simple moving average is $53.66. The company has a market cap of $296.88 million, a PE ratio of 62.24 and a beta of 3.46. Tradr 2X Short TSLA Daily ETF has a twelve month low of $20.47 and a twelve month high of $287.52.

About Tradr 2X Short TSLA Daily ETF

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.