Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Significant Increase in Short Interest

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 609,100 shares, a growth of 96.2% from the August 31st total of 310,500 shares. Based on an average daily volume of 4,229,800 shares, the days-to-cover ratio is presently 0.1 days.

Tradr 2X Short TSLA Daily ETF Price Performance

NASDAQ:TSLQ traded down $0.98 during midday trading on Friday, hitting $18.53. The company’s stock had a trading volume of 3,794,788 shares, compared to its average volume of 3,509,359. Tradr 2X Short TSLA Daily ETF has a fifty-two week low of $18.40 and a fifty-two week high of $47.92. The firm’s 50 day moving average is $28.17 and its 200-day moving average is $32.97.

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.