T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Short Interest Up 57.9% in November

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 1,910,000 shares, an increase of 57.9% from the October 31st total of 1,210,000 shares. Based on an average daily trading volume, of 13,009,700 shares, the days-to-cover ratio is currently 0.1 days.

T-Rex 2X Inverse Tesla Daily Target ETF Stock Down 4.0 %

Shares of NASDAQ TSLZ traded down $0.17 during trading on Friday, hitting $4.05. 9,869,153 shares of the company were exchanged, compared to its average volume of 5,555,041. T-Rex 2X Inverse Tesla Daily Target ETF has a 12-month low of $3.59 and a 12-month high of $60.65. The company has a fifty day moving average price of $9.01 and a 200-day moving average price of $17.09.

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. Flow Traders U.S. LLC boosted its holdings in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 44.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 110,477 shares of the company’s stock after acquiring an additional 34,106 shares during the period. Flow Traders U.S. LLC owned 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent reporting period.

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.