Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Stock Price Down 8% – Time to Sell?

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQGet Free Report)’s share price was down 8% during trading on Tuesday . The stock traded as low as $17.80 and last traded at $18.14. Approximately 7,275,992 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 9,823,932 shares. The stock had previously closed at $19.71.

Tradr 2X Short TSLA Daily ETF Stock Performance

The business has a 50-day moving average of $21.45 and a 200-day moving average of $21.21. The stock has a market capitalization of $76.07 million, a price-to-earnings ratio of 36.35 and a beta of -1.94.

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.

Further Reading

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