T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Sees Large Decline in Short Interest

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 251,600 shares, a decline of 23.6% from the July 15th total of 329,500 shares. Based on an average trading volume of 4,478,500 shares, the days-to-cover ratio is currently 0.1 days.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Down 1.8 %

Shares of NASDAQ:TSLZ traded down $0.30 during mid-day trading on Friday, reaching $16.60. 4,122,322 shares of the company traded hands, compared to its average volume of 2,391,144. The company’s 50 day moving average price is $20.44 and its 200-day moving average price is $31.47. T-Rex 2X Inverse Tesla Daily Target ETF has a 52 week low of $12.25 and a 52 week high of $60.65.

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.