Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Sees Significant Decrease in Short Interest

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,304,024 shares, a decline of 44.2% from the August 31st total of 2,335,191 shares. Based on an average trading volume of 52,879,315 shares, the days-to-cover ratio is presently 0.0 days. Approximately 14.1% of the shares of the company are short sold.

Leverage Shares 2x Long TSLA Daily ETF Stock Performance

NASDAQ TSLG traded up $0.01 during midday trading on Wednesday, hitting $4.46. The company had a trading volume of 45,924,339 shares, compared to its average volume of 42,728,145. The firm has a fifty day simple moving average of $4.44 and a two-hundred day simple moving average of $5.77. Leverage Shares 2x Long TSLA Daily ETF has a fifty-two week low of $3.32 and a fifty-two week high of $12.24.

Leverage Shares 2x Long TSLA Daily ETF Company Profile

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) 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 stock, less fees, and expenses. TSLG was launched on Dec 13, 2024 and is issued by Leverage Shares.