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

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totalling 675,800 shares, an increase of 180.6% from the August 31st total of 240,800 shares. Based on an average daily trading volume, of 5,913,000 shares, the days-to-cover ratio is currently 0.1 days.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Performance

TSLZ traded down $0.08 on Wednesday, reaching $10.81. 337,633 shares of the stock were exchanged, compared to its average volume of 2,676,003. The company’s 50-day moving average price is $16.06 and its 200 day moving average price is $27.31. T-Rex 2X Inverse Tesla Daily Target ETF has a fifty-two week low of $10.64 and a fifty-two week high of $60.65.

About T-Rex 2X Inverse Tesla Daily Target ETF

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.