Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Significant Growth in Short Interest

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 406,800 shares, a growth of 30.1% from the January 31st total of 312,600 shares. Based on an average trading volume of 8,871,500 shares, the days-to-cover ratio is currently 0.0 days.

Tradr 2X Short TSLA Daily ETF Trading Down 5.4 %

Shares of Tradr 2X Short TSLA Daily ETF stock opened at $47.99 on Thursday. The firm has a market capitalization of $354.17 million, a P/E ratio of 90.38 and a beta of 3.46. The business’s fifty day simple moving average is $30.14 and its 200 day simple moving average is $76.20. Tradr 2X Short TSLA Daily ETF has a 12 month low of $20.47 and a 12 month high of $287.52.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $1.3242 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of 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 purchased a new position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 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 SEC filing.

Tradr 2X Short TSLA Daily ETF Company Profile

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.