T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Short Interest Down 71.8% in October

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 508,100 shares, a drop of 71.8% from the October 15th total of 1,800,000 shares. Based on an average trading volume of 5,446,400 shares, the days-to-cover ratio is presently 0.1 days.

T-Rex 2X Long Tesla Daily Target ETF Trading Down 5.5 %

T-Rex 2X Long Tesla Daily Target ETF stock traded down $1.68 during trading hours on Tuesday, reaching $28.99. 5,797,647 shares of the stock were exchanged, compared to its average volume of 5,776,962. T-Rex 2X Long Tesla Daily Target ETF has a twelve month low of $6.76 and a twelve month high of $32.02. The stock has a 50 day moving average of $16.26 and a two-hundred day moving average of $14.20.

About T-Rex 2X Long Tesla Daily Target ETF

The T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.