Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Short Interest Up 174.2% in August

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,335,191 shares, an increase of 174.2% from the August 15th total of 851,532 shares. Based on an average daily volume of 46,993,378 shares, the short-interest ratio is currently 0.0 days. Approximately 26.4% of the shares of the company are short sold.

Leverage Shares 2x Long TSLA Daily ETF Stock Performance

Shares of NASDAQ:TSLG opened at $4.65 on Tuesday. The firm’s 50 day moving average is $4.69 and its two-hundred day moving average is $5.95. Leverage Shares 2x Long TSLA Daily ETF has a 52 week low of $3.32 and a 52 week high of $12.24.

About Leverage Shares 2x Long TSLA Daily ETF

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.