Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Short Interest Up 30.1% in February

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 406,800 shares, a growth of 30.1% from the January 31st total of 312,600 shares. Based on an average daily volume of 8,871,500 shares, the days-to-cover ratio is currently 0.0 days.

Tradr 2X Short TSLA Daily ETF Trading Up 5.9 %

Shares of TSLQ stock opened at $46.53 on Tuesday. The firm has a market capitalization of $343.39 million, a PE ratio of 90.38 and a beta of 3.46. The firm has a fifty day simple moving average of $29.00 and a two-hundred day simple moving average of $77.28. Tradr 2X Short TSLA Daily ETF has a 12 month low of $20.47 and a 12 month high of $287.52.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.3242 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Tradr 2X Short TSLA Daily ETF

An institutional investor recently bought a new position in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF at the end of the most recent reporting period.

Tradr 2X Short TSLA Daily ETF Company Profile

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.