Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Trading Down 1.1% – Here’s What Happened

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQGet Free Report) dropped 1.1% on Tuesday . The company traded as low as $23.08 and last traded at $23.57. 2,971,843 shares were traded during mid-day trading, a decline of 71% from the average session volume of 10,310,934 shares. The stock had previously closed at $23.84.

Tradr 2X Short TSLA Daily ETF Stock Performance

The firm has a 50-day moving average of $20.77 and a 200-day moving average of $21.12. The firm has a market capitalization of $96.40 million, a P/E ratio of 36.35 and a beta of -1.91.

About Tradr 2X Short TSLA Daily ETF

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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.

Further Reading

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