Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Short Interest Up 30.1% in February

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the recipient of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 406,800 shares, a growth of 30.1% from the January 31st total of 312,600 shares. Based on an average daily trading volume, of 8,871,500 shares, the days-to-cover ratio is currently 0.0 days.

Tradr 2X Short TSLA Daily ETF Price Performance

TSLQ opened at $47.99 on Thursday. Tradr 2X Short TSLA Daily ETF has a fifty-two week low of $20.47 and a fifty-two week high of $287.52. The firm has a market capitalization of $354.17 million, a PE ratio of 90.38 and a beta of 3.46. The company’s 50-day moving average is $30.14 and its 200 day moving average is $76.20.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $1.3242 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Tradr 2X Short TSLA Daily ETF

An institutional investor recently bought a new position in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF at the end of the most recent reporting period.

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.