Simplify Volt TSLA Revolution ETF (NYSEARCA:TESL) Short Interest Update

Simplify Volt TSLA Revolution ETF (NYSEARCA:TESL) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 924 shares, a decrease of 95.2% from the July 30th total of 19,321 shares. Based on an average daily volume of 8,495 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Simplify Volt TSLA Revolution ETF Stock Performance

Shares of NYSEARCA TESL traded up $0.02 during trading hours on Tuesday, reaching $13.50. 3,616 shares of the stock were exchanged, compared to its average volume of 16,611. The firm has a market capitalization of $15.12 million, a price-to-earnings ratio of 151.85 and a beta of 1.63. Simplify Volt TSLA Revolution ETF has a 52 week low of $11.53 and a 52 week high of $32.84. The stock’s fifty day simple moving average is $14.23 and its 200 day simple moving average is $14.90.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Simplify Volt TSLA Revolution ETF stock. Jane Street Group LLC acquired a new position in shares of Simplify Volt TSLA Revolution ETF (NYSEARCA:TESL) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 14,226 shares of the company’s stock, valued at approximately $344,000. Jane Street Group LLC owned 1.02% of Simplify Volt TSLA Revolution ETF at the end of the most recent reporting period.

About Simplify Volt TSLA Revolution ETF

The Simplify Volt TSLA Revolution ETF (TESL) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide capital appreciation by investing in shares of Tesla and related instruments. The fund uses a momentum-based proprietary daily algorithm to adjust the degree of its exposure to the underlying stock TESL was launched on Dec 28, 2020 and is issued by Simplify.