T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Up 7.3% – Should You Buy?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) shares shot up 7.3% on Thursday . The company traded as high as $33.50 and last traded at $33.42. 890,285 shares were traded during trading, a decline of 84% from the average session volume of 5,703,309 shares. The stock had previously closed at $31.14.

T-Rex 2X Long Tesla Daily Target ETF Stock Performance

The stock’s 50 day simple moving average is $20.76 and its two-hundred day simple moving average is $16.28.

T-Rex 2X Long Tesla Daily Target ETF Company Profile

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The T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

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