Short Interest in Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Drops By 88.4%

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) was the recipient of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,426 shares, a decrease of 88.4% from the July 30th total of 38,246 shares. Based on an average daily volume of 55,968 shares, the short-interest ratio is presently 0.1 days. Currently, 1.0% of the company’s stock are sold short.

Roundhill TSLA WeeklyPay ETF Stock Up 3.4%

Shares of TSLW stock opened at $17.93 on Friday. The firm has a market cap of $8.07 million and a price-to-earnings ratio of 48.94. The company’s 50 day moving average is $19.26 and its 200 day moving average is $22.98. Roundhill TSLA WeeklyPay ETF has a 52-week low of $15.02 and a 52-week high of $43.59.

About Roundhill TSLA WeeklyPay ETF

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.