Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Large Growth in Short Interest

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 5,420,000 shares, a growth of 173.7% from the August 31st total of 1,980,000 shares. Based on an average trading volume of 33,939,800 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 33,939,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Tradr 2X Short TSLA Daily ETF

An institutional investor recently bought a new position in Tradr 2X Short TSLA Daily ETF stock. Flow Traders U.S. LLC bought a new stake in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 309,000 shares of the company’s stock, valued at approximately $5,642,000. Flow Traders U.S. LLC owned 1.38% of Tradr 2X Short TSLA Daily ETF as of its most recent SEC filing.

Tradr 2X Short TSLA Daily ETF Stock Up 2.8%

Shares of NASDAQ TSLQ opened at $8.51 on Friday. The firm has a market cap of $493.07 million, a price-to-earnings ratio of 36.35 and a beta of 3.46. Tradr 2X Short TSLA Daily ETF has a 52-week low of $7.15 and a 52-week high of $162.36. The business’s 50 day moving average is $13.26 and its two-hundred day moving average is $21.87.

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.