T-Rex 2X Inverse Tesla Daily Target ETF Sees Unusually High Options Volume (NASDAQ:TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the target of some unusual options trading activity on Tuesday. Investors acquired 2,951 call options on the company. This is an increase of approximately 54% compared to the average daily volume of 1,913 call options.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Up 10.5 %

Shares of NASDAQ TSLZ opened at $6.02 on Wednesday. T-Rex 2X Inverse Tesla Daily Target ETF has a fifty-two week low of $1.85 and a fifty-two week high of $60.65. The company has a 50 day simple moving average of $3.34 and a two-hundred day simple moving average of $6.31.

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 lifted its position in shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 1,614.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 979,348 shares of the company’s stock after acquiring an additional 922,223 shares during the period. Jump Financial LLC owned approximately 2.83% of T-Rex 2X Inverse Tesla Daily Target ETF worth $2,439,000 as of its most recent filing with the Securities & Exchange Commission.

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.