Short Interest in T-Rex 2X Long Tesla Daily Target ETF (BATS:TSLT) Rises By 249.8%

T-Rex 2X Long Tesla Daily Target ETF (BATS:TSLT) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,004,870 shares, an increase of 249.8% from the May 31st total of 287,277 shares. Based on an average trading volume of 2,948,038 shares, the short-interest ratio is presently 0.3 days. Currently, 4.4% of the shares of the company are short sold.

T-Rex 2X Long Tesla Daily Target ETF Price Performance

BATS:TSLT opened at $16.26 on Friday. T-Rex 2X Long Tesla Daily Target ETF has a one year low of $13.09 and a one year high of $33.03. The business has a fifty day moving average price of $19.32 and a 200-day moving average price of $21.50. The firm has a market capitalization of $373.98 million and a price-to-earnings ratio of 53.57.

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.