Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Short Interest Up 122.7% in April

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,907,315 shares, an increase of 122.7% from the April 15th total of 1,305,401 shares. Currently, 44.8% of the company’s stock are short sold. Based on an average daily volume of 50,136,356 shares, the days-to-cover ratio is presently 0.1 days.

Leverage Shares 2x Long TSLA Daily ETF Price Performance

Shares of Leverage Shares 2x Long TSLA Daily ETF stock opened at $7.42 on Friday. Leverage Shares 2x Long TSLA Daily ETF has a 52 week low of $4.39 and a 52 week high of $12.24. The business has a 50 day moving average price of $6.44 and a 200-day moving average price of $8.16.

About Leverage Shares 2x Long TSLA Daily ETF

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.