Short Interest in T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) Expands By 104.4%

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 632,548 shares, a growth of 104.4% from the June 15th total of 309,485 shares. Based on an average daily trading volume, of 3,160,450 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.1% of the shares of the company are short sold.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Down 0.7%

TSLZ opened at $11.45 on Wednesday. T-Rex 2X Inverse Tesla Daily Target ETF has a 1-year low of $9.73 and a 1-year high of $34.80. The firm’s 50 day simple moving average is $11.65 and its two-hundred day simple moving average is $13.11.

Hedge Funds Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. DRW Securities LLC purchased a new stake in shares of T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 22,200 shares of the company’s stock, valued at approximately $263,000.

T-Rex 2X Inverse Tesla Daily Target ETF Company Profile

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.