T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Short Interest Down 64.5% in December

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 710,800 shares, a decrease of 64.5% from the November 30th total of 2,000,000 shares. Based on an average trading volume of 28,175,900 shares, the days-to-cover ratio is currently 0.0 days.

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

Shares of TSLZ traded down $0.02 during mid-day trading on Thursday, hitting $1.97. 27,936,089 shares of the company traded hands, compared to its average volume of 9,421,708. The business has a 50-day moving average of $5.53 and a 200 day moving average of $13.15. T-Rex 2X Inverse Tesla Daily Target ETF has a one year low of $1.85 and a one year high of $60.65.

Institutional Investors Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

An institutional investor recently raised its position in T-Rex 2X Inverse Tesla Daily Target ETF stock. Flow Traders U.S. LLC boosted its position in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 44.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 110,477 shares of the company’s stock after acquiring an additional 34,106 shares during the period. Flow Traders U.S. LLC owned 1.57% of T-Rex 2X Inverse Tesla Daily Target ETF worth $1,137,000 at the end of the most recent quarter.

About T-Rex 2X Inverse Tesla Daily Target ETF

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