Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Large Drop in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 10,949 shares, a decrease of 53.4% from the June 30th total of 23,485 shares. Currently, 2.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 71,765 shares, the short-interest ratio is presently 0.2 days.

Roundhill TSLA WeeklyPay ETF Stock Performance

Shares of TSLW stock opened at $15.58 on Wednesday. Roundhill TSLA WeeklyPay ETF has a 52-week low of $15.21 and a 52-week high of $43.59. The firm has a market capitalization of $7.01 million and a PE ratio of 48.94. The stock has a fifty day simple moving average of $22.51 and a two-hundred day simple moving average of $25.13.

About Roundhill TSLA WeeklyPay ETF

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.