T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Short Interest Down 47.0% in August

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 742,600 shares, a decrease of 47.0% from the August 15th total of 1,400,000 shares. Based on an average trading volume of 7,469,800 shares, the days-to-cover ratio is currently 0.1 days.

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

TSLT opened at $14.83 on Friday. The company’s 50 day simple moving average is $15.05 and its 200-day simple moving average is $12.47. T-Rex 2X Long Tesla Daily Target ETF has a one year low of $6.76 and a one year 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.