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

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 408,600 shares, an increase of 31.6% from the November 15th total of 310,500 shares. Based on an average daily volume of 5,570,400 shares, the days-to-cover ratio is currently 0.1 days.

T-Rex 2X Long Tesla Daily Target ETF Trading Up 8.6 %

TSLT stock opened at $45.63 on Friday. The firm’s fifty day simple moving average is $23.81 and its two-hundred day simple moving average is $17.69. T-Rex 2X Long Tesla Daily Target ETF has a twelve month low of $6.76 and a twelve month high of $45.66.

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.