T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Sees Significant Drop in Short Interest

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) saw a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 310,500 shares, a decrease of 38.9% from the October 31st total of 508,100 shares. Based on an average daily volume of 5,874,200 shares, the short-interest ratio is currently 0.1 days.

T-Rex 2X Long Tesla Daily Target ETF Price Performance

Shares of TSLT traded up $1.96 during trading hours on Friday, reaching $29.08. The company’s stock had a trading volume of 1,453,381 shares, compared to its average volume of 5,767,735. T-Rex 2X Long Tesla Daily Target ETF has a 1-year low of $6.76 and a 1-year high of $32.10. The company has a 50 day moving average of $19.99 and a two-hundred day moving average of $15.81.

About T-Rex 2X Long Tesla Daily Target ETF

The T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.