Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Short Interest Up 174.2% in August

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,335,191 shares, an increase of 174.2% from the August 15th total of 851,532 shares. Based on an average daily volume of 46,993,378 shares, the short-interest ratio is presently 0.0 days. Currently, 26.4% of the company’s stock are short sold.

Leverage Shares 2x Long TSLA Daily ETF Price Performance

Leverage Shares 2x Long TSLA Daily ETF stock opened at $4.82 on Friday. The stock has a fifty day simple moving average of $4.74 and a two-hundred day simple moving average of $5.98. Leverage Shares 2x Long TSLA Daily ETF has a 12 month low of $3.32 and a 12 month high of $12.24.

Leverage Shares 2x Long TSLA Daily ETF Company Profile

The Leverage Shares 2X Long TSLA Daily ETF (TSLG) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla stock, less fees, and expenses. TSLG was launched on Dec 13, 2024 and is issued by Leverage Shares.