Investors Purchase Large Volume of Call Options on T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) saw some unusual options trading activity on Tuesday. Stock traders bought 2,951 call options on the company. This represents an increase of 54% compared to the typical volume of 1,913 call options.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Up 7.1 %

NASDAQ:TSLZ traded up $0.39 during trading hours on Tuesday, hitting $5.84. The stock had a trading volume of 38,824,829 shares, compared to its average volume of 23,228,644. The company has a 50 day simple moving average of $3.27 and a two-hundred day simple moving average of $6.38. T-Rex 2X Inverse Tesla Daily Target ETF has a one year low of $1.85 and a one year high of $60.65.

Hedge Funds Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

An institutional investor recently raised its position in T-Rex 2X Inverse Tesla Daily Target ETF stock. Jump Financial LLC grew its holdings in shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 1,614.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 979,348 shares of the company’s stock after acquiring an additional 922,223 shares during the quarter. Jump Financial LLC owned about 2.83% of T-Rex 2X Inverse Tesla Daily Target ETF worth $2,439,000 at the end of the most recent quarter.

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.