T-Rex 2X Inverse Tesla Daily Target ETF Stock Scheduled to Reverse Split on Thursday, October 30th (NASDAQ:TSLZ)

Shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) are set to reverse split on Thursday, October 30th. The 1-20 reverse split was announced on Wednesday, October 1st. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 29th.

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

NASDAQ:TSLZ opened at $0.69 on Wednesday. The stock’s fifty day moving average price is $1.00 and its two-hundred day moving average price is $1.71. T-Rex 2X Inverse Tesla Daily Target ETF has a 1 year low of $0.64 and a 1 year high of $15.03.

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

An institutional investor recently bought a new position in T-Rex 2X Inverse Tesla Daily Target ETF stock. Jump Financial LLC acquired a new position in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 297,533 shares of the company’s stock, valued at approximately $491,000. Jump Financial LLC owned approximately 0.52% of T-Rex 2X Inverse Tesla Daily Target ETF as of its most recent filing with the Securities & Exchange Commission.

T-Rex 2X Inverse Tesla Daily Target ETF Company Profile

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.