T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Short Interest Update

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totalling 1,190,000 shares, an increase of 161.1% from the July 15th total of 455,700 shares. Based on an average daily volume of 7,961,700 shares, the days-to-cover ratio is presently 0.1 days.

T-Rex 2X Long Tesla Daily Target ETF Stock Up 12.9 %

Shares of TSLT stock traded up $1.53 on Thursday, reaching $13.41. The stock had a trading volume of 3,688,070 shares, compared to its average volume of 5,871,850. T-Rex 2X Long Tesla Daily Target ETF has a 12 month low of $6.76 and a 12 month high of $27.97. The firm’s 50-day moving average is $14.49 and its two-hundred day moving average is $12.50.

About T-Rex 2X Long Tesla Daily Target ETF

The T-REX 2X Long Tesla Daily Target ETF (TSLT) 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, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.