T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Sees Significant Decline in Short Interest

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 710,800 shares, a decrease of 64.5% from the November 30th total of 2,000,000 shares. Based on an average daily volume of 28,175,900 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. Flow Traders U.S. LLC increased its holdings in shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 44.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 110,477 shares of the company’s stock after acquiring an additional 34,106 shares during the period. Flow Traders U.S. LLC owned about 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent quarter.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Down 1.0 %

Shares of T-Rex 2X Inverse Tesla Daily Target ETF stock traded down $0.02 during mid-day trading on Thursday, reaching $1.97. 27,936,089 shares of the stock were exchanged, compared to its average volume of 9,421,708. T-Rex 2X Inverse Tesla Daily Target ETF has a fifty-two week low of $1.85 and a fifty-two week high of $60.65. The firm has a 50-day simple moving average of $5.53 and a 200 day simple moving average of $13.15.

About T-Rex 2X Inverse Tesla Daily Target ETF

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.