Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Large Drop in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 23,485 shares, a decline of 56.7% from the June 15th total of 54,241 shares. Based on an average daily volume of 88,236 shares, the days-to-cover ratio is currently 0.3 days. Currently, 5.2% of the shares of the stock are sold short.

Roundhill TSLA WeeklyPay ETF Stock Performance

Roundhill TSLA WeeklyPay ETF stock opened at $21.63 on Tuesday. The firm’s fifty day moving average price is $23.98 and its 200-day moving average price is $26.32. The stock has a market cap of $9.73 million and a P/E ratio of 48.94. Roundhill TSLA WeeklyPay ETF has a fifty-two week low of $20.56 and a fifty-two week high of $43.59.

Roundhill TSLA WeeklyPay ETF Company Profile

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.