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 large increase in short interest during the month of 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 trading 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 Performance

TSLT stock traded up $1.22 on Tuesday, reaching $12.69. The company’s stock had a trading volume of 4,007,342 shares, compared to its average volume of 5,897,357. The business has a fifty day simple moving average of $14.41 and a two-hundred day simple moving average of $12.51. T-Rex 2X Long Tesla Daily Target ETF has a 12-month low of $6.76 and a 12-month high of $27.97.

T-Rex 2X Long Tesla Daily Target ETF Company Profile

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.