Tradr 2X Short TSLA Daily ETF Target of Unusually Large Options Trading (NASDAQ:TSLQ)

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the target of unusually large options trading on Wednesday. Investors acquired 3,201 put options on the stock. This is an increase of 44% compared to the typical volume of 2,221 put options.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC bought a new position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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.

Tradr 2X Short TSLA Daily ETF Stock Up 8.5 %

Shares of NASDAQ TSLQ traded up $3.20 during trading on Wednesday, hitting $40.67. The company had a trading volume of 5,365,994 shares, compared to its average volume of 3,963,623. The firm has a market capitalization of $300.17 million, a price-to-earnings ratio of 73.46 and a beta of 3.46. The stock has a fifty day simple moving average of $38.52 and a two-hundred day simple moving average of $63.84. Tradr 2X Short TSLA Daily ETF has a fifty-two week low of $20.47 and a fifty-two week high of $287.52.

Tradr 2X Short TSLA Daily ETF Company Profile

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.