Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Gap Up – Time to Buy?

Posted by Stacy Sanders on Mar 10th, 2025

Shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $53.78, but opened at $58.00. Tradr 2X Short TSLA Daily ETF shares last traded at $68.42, with a volume of 8,793,207 shares changing hands.

Tradr 2X Short TSLA Daily ETF Price Performance

The firm has a market capitalization of $520.29 million, a PE ratio of 90.38 and a beta of 3.46. The company has a 50-day moving average price of $31.39 and a 200-day moving average price of $73.98.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $1.3242 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned 0.39% of Tradr 2X Short TSLA Daily ETF as of its most recent filing with the SEC.

About Tradr 2X Short TSLA Daily ETF

(Get Free Report)

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.