Short Interest in Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) Drops By 65.2%

Leverage Shares 2x Long TSLA Daily ETF (NASDAQ:TSLG) was the recipient of a large decline in short interest in May. As of May 15th, there was short interest totaling 1,012,644 shares, a decline of 65.2% from the April 30th total of 2,907,315 shares. Approximately 15.6% of the company’s shares are short sold. Based on an average daily volume of 58,386,736 shares, the short-interest ratio is presently 0.0 days.

Leverage Shares 2x Long TSLA Daily ETF Trading Down 6.0%

Shares of NASDAQ:TSLG traded down $0.47 during trading on Monday, reaching $7.36. 1,730,127 shares of the stock traded hands, compared to its average volume of 44,478,520. The stock has a 50-day moving average of $6.54 and a two-hundred day moving average of $7.94. Leverage Shares 2x Long TSLA Daily ETF has a 52-week low of $4.39 and a 52-week 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.