Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Strong Trading Volume – Here’s What Happened

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw unusually-high trading volume on Wednesday . Approximately 5,985,242 shares changed hands during trading, an increase of 25% from the previous session’s volume of 4,805,379 shares.The stock last traded at $53.85 and had previously closed at $58.94.

Tradr 2X Short TSLA Daily ETF Price Performance

The company has a market capitalization of $347.48 million, a price-to-earnings ratio of 62.24 and a beta of 3.46. The firm’s 50-day simple moving average is $44.03 and its two-hundred day simple moving average is $55.37.

Hedge Funds Weigh In On Tradr 2X Short TSLA Daily ETF

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC bought 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 & Exchange Commission. The institutional investor bought 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF as of its most recent filing with the Securities & Exchange Commission.

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.