Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 1,047,488 shares, a growth of 74.1% from the September 15th total of 601,551 shares. Currently, 19.9% of the shares of the company are sold short. Based on an average trading volume of 5,012,048 shares, the short-interest ratio is currently 0.2 days.
Tradr 2X Short TSLA Daily ETF Price Performance
Tradr 2X Short TSLA Daily ETF stock traded up $0.62 during trading hours on Thursday, hitting $18.55. 2,773,473 shares of the stock traded hands, compared to its average volume of 9,158,486. The firm’s 50 day moving average price is $19.58 and its 200-day moving average price is $20.46. The stock has a market capitalization of $99.04 million, a price-to-earnings ratio of 36.35 and a beta of -1.95. Tradr 2X Short TSLA Daily ETF has a 1 year low of $14.77 and a 1 year high of $29.76.
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.
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