T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) Short Interest Up 136.4% in May

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 711,808 shares, an increase of 136.4% from the April 30th total of 301,042 shares. Based on an average daily volume of 5,701,530 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.3% of the shares of the company are sold short.

Institutional Investors Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

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

T-Rex 2X Inverse Tesla Daily Target ETF Stock Up 2.9%

TSLZ stock opened at $10.66 on Friday. The company has a fifty day moving average price of $14.08 and a two-hundred day moving average price of $13.39. T-Rex 2X Inverse Tesla Daily Target ETF has a one year low of $9.73 and a one year high of $45.80.

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.