Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Significant Growth in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 36,804 shares, a growth of 731.5% from the August 15th total of 4,426 shares. Based on an average daily trading volume, of 62,539 shares, the short-interest ratio is presently 0.6 days. Approximately 8.2% of the company’s stock are sold short.

Roundhill TSLA WeeklyPay ETF Stock Performance

Shares of TSLW opened at $18.14 on Friday. Roundhill TSLA WeeklyPay ETF has a 1 year low of $15.02 and a 1 year high of $43.59. The stock has a market capitalization of $8.16 million and a PE ratio of 48.94. The stock has a 50-day simple moving average of $18.33 and a 200-day simple moving average of $22.21.

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.