Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Shorted: Short Interest Up 74.1% in September

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 1,047,488 shares, an increase of 74.1% from the September 15th total of 601,551 shares. Based on an average daily trading volume, of 5,012,048 shares, the days-to-cover ratio is currently 0.2 days. Approximately 19.9% of the shares of the company are short sold.

Tradr 2X Short TSLA Daily ETF Price Performance

TSLQ traded up $0.62 during trading on Thursday, reaching $18.55. 2,773,473 shares of the company’s stock were exchanged, compared to its average volume of 9,158,486. Tradr 2X Short TSLA Daily ETF has a 1 year low of $14.77 and a 1 year high of $29.76. The company’s fifty day simple moving average is $19.58 and its 200-day simple moving average is $20.46. The stock has a market capitalization of $99.04 million, a P/E ratio of 36.35 and a beta of -1.95.

Tradr 2X Short TSLA Daily ETF Company Profile

(Get Free Report)

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.

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