Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Short Interest Update

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 669,576 shares, a decline of 48.8% from the July 15th total of 1,306,567 shares. Based on an average daily volume of 6,375,688 shares, the days-to-cover ratio is currently 0.1 days. Currently, 16.4% of the shares of the stock are short sold.

Tradr 2X Short TSLA Daily ETF Price Performance

NASDAQ:TSLQ traded up $0.35 on Monday, reaching $22.51. The stock had a trading volume of 1,331,813 shares, compared to its average volume of 10,173,438. The company has a market cap of $92.07 million, a price-to-earnings ratio of 36.35 and a beta of -1.91. The firm’s fifty day moving average is $21.04 and its two-hundred day moving average is $21.22. Tradr 2X Short TSLA Daily ETF has a 12-month low of $14.77 and a 12-month high of $51.45.

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About Tradr 2X Short TSLA Daily ETF

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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.

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