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

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 632,548 shares, an increase of 104.4% from the June 15th total of 309,485 shares. Based on an average 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 Price Performance

BATS TSLZ opened at $11.56 on Thursday. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $9.73 and a 52-week high of $34.80. The firm has a 50-day moving average price of $11.62 and a 200 day moving average price of $13.11.

Institutional Trading of 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 bought a new stake in T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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.