Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Gap Up – Here’s What Happened

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) shares gapped up before the market opened on Monday . The stock had previously closed at $50.97, but opened at $57.59. Tradr 2X Short TSLA Daily ETF shares last traded at $60.10, with a volume of 7,843,453 shares.

Tradr 2X Short TSLA Daily ETF Trading Up 5.0 %

The firm has a market cap of $505.67 million, a PE ratio of 62.24 and a beta of 3.46. The firm has a 50 day moving average price of $41.71 and a 200-day moving average price of $57.76.

Institutional Inflows and Outflows

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

Tradr 2X Short TSLA Daily ETF Company Profile

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.