T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) Short Interest Up 136.4% in May

T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 711,808 shares, an increase of 136.4% from the April 30th total of 301,042 shares. Approximately 1.3% of the shares of the company are sold short. Based on an average trading volume of 5,701,530 shares, the days-to-cover ratio is currently 0.1 days.

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

Shares of T-Rex 2X Inverse Tesla Daily Target ETF stock opened at $10.66 on Friday. The firm has a 50-day moving average of $14.08 and a 200-day moving average of $13.39. T-Rex 2X Inverse Tesla Daily Target ETF has a 52-week low of $9.73 and a 52-week high of $45.80.

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. DRW Securities LLC purchased a new stake in T-Rex 2X Inverse Tesla Daily Target ETF (BATS:TSLZ) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 22,200 shares of the company’s stock, valued at approximately $263,000.

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.