Short Interest in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Declines By 16.5%

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 339,600 shares, a decrease of 16.5% from the February 13th total of 406,800 shares. Approximately 4.6% of the company’s shares are sold short. Based on an average daily volume of 10,301,300 shares, the short-interest ratio is presently 0.0 days.

Tradr 2X Short TSLA Daily ETF Price Performance

Shares of Tradr 2X Short TSLA Daily ETF stock opened at $59.35 on Thursday. The stock’s 50-day moving average is $36.86 and its 200 day moving average is $67.99. The firm has a market cap of $438.00 million, a price-to-earnings ratio of 73.46 and a beta of 3.46. Tradr 2X Short TSLA Daily ETF has a one year low of $20.47 and a one year high of $287.52.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $1.3242 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF as of its most recent SEC filing.

About Tradr 2X Short TSLA Daily ETF

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.