Short Interest in T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) Decreases By 41.1%

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 419,218 shares, a drop of 41.1% from the May 14th total of 711,808 shares. Based on an average daily volume of 3,505,623 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.7% of the shares of the company are short sold.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Performance

Shares of BATS:TSLZ opened at $11.50 on Tuesday. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $9.73 and a 52-week high of $38.60. The business has a 50-day moving average price of $13.20 and a 200-day moving average price of $13.15.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in T-Rex 2X Inverse Tesla Daily Target ETF stock. DRW Securities LLC purchased a new stake in shares of T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 22,200 shares of the company’s stock, valued at approximately $263,000.

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.