Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Short Interest Update

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 946,324 shares, a decrease of 62.7% from the May 31st total of 2,537,665 shares. Approximately 13.3% of the company’s shares are short sold. Based on an average trading volume of 8,311,991 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Tradr 2X Short TSLA Daily ETF

An institutional investor recently raised its position in Tradr 2X Short TSLA Daily ETF stock. Flow Traders U.S. LLC lifted its stake in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) by 12.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 347,220 shares of the company’s stock after acquiring an additional 38,220 shares during the period. Flow Traders U.S. LLC owned 2.24% of Tradr 2X Short TSLA Daily ETF worth $2,795,000 at the end of the most recent quarter.

Tradr 2X Short TSLA Daily ETF Trading Down 4.0%

Shares of Tradr 2X Short TSLA Daily ETF stock traded down $0.70 during trading on Tuesday, hitting $16.63. 9,174,907 shares of the stock traded hands, compared to its average volume of 11,259,656. The stock’s fifty day simple moving average is $19.26 and its 200 day simple moving average is $20.38. The firm has a market cap of $118.41 million, a P/E ratio of 36.35 and a beta of -1.79. Tradr 2X Short TSLA Daily ETF has a 52-week low of $14.77 and a 52-week high of $63.99.

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.