Stock Traders Purchase Large Volume of Tradr 2X Short TSLA Daily ETF Call Options (NASDAQ:TSLQ)

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the recipient of some unusual options trading on Monday. Investors acquired 11,304 call options on the company. This represents an increase of 124% compared to the average volume of 5,054 call options.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Tradr 2X Short TSLA Daily ETF stock. Flow Traders U.S. LLC bought a new stake in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 309,000 shares of the company’s stock, valued at approximately $5,642,000. Flow Traders U.S. LLC owned 1.38% of Tradr 2X Short TSLA Daily ETF at the end of the most recent quarter.

Tradr 2X Short TSLA Daily ETF Trading Down 12.4%

TSLQ stock traded down $1.29 during trading on Monday, hitting $9.09. 65,642,251 shares of the stock traded hands, compared to its average volume of 22,386,986. The stock has a market cap of $204.27 million, a price-to-earnings ratio of 36.35 and a beta of 3.46. Tradr 2X Short TSLA Daily ETF has a one year low of $8.83 and a one year high of $162.36. The company has a 50 day simple moving average of $16.06 and a 200 day simple moving average of $26.59.

About Tradr 2X Short TSLA Daily ETF

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.