Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Short Interest Down 65.2% in May

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,012,644 shares, a decline of 65.2% from the April 30th total of 2,907,315 shares. Approximately 15.6% of the shares of the stock are sold short. Based on an average trading volume of 58,386,736 shares, the short-interest ratio is presently 0.0 days.

Leverage Shares 2x Long TSLA Daily ETF Price Performance

Leverage Shares 2x Long TSLA Daily ETF stock traded down $0.24 during trading hours on Friday, hitting $7.83. The stock had a trading volume of 18,239,497 shares, compared to its average volume of 44,912,887. Leverage Shares 2x Long TSLA Daily ETF has a one year low of $4.39 and a one year high of $12.24. The business’s 50 day simple moving average is $6.54 and its 200-day simple moving average is $7.95.

Leverage Shares 2x Long TSLA Daily ETF Company Profile

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) 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 stock, less fees, and expenses. TSLG was launched on Dec 13, 2024 and is issued by Leverage Shares.