Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Short Interest Update

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,530,675 shares, a growth of 134.4% from the April 30th total of 653,036 shares. Based on an average daily volume of 11,514,394 shares, the short-interest ratio is presently 0.1 days. Approximately 21.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Tradr 2X Short TSLA Daily ETF stock. Flow Traders U.S. LLC lifted its position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) by 12.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 347,220 shares of the company’s stock after acquiring an additional 38,220 shares during the period. Flow Traders U.S. LLC owned about 2.24% of Tradr 2X Short TSLA Daily ETF worth $2,795,000 at the end of the most recent reporting period.

Tradr 2X Short TSLA Daily ETF Stock Performance

TSLQ traded up $1.51 on Tuesday, reaching $18.15. 6,636,710 shares of the company’s stock were exchanged, compared to its average volume of 11,929,828. The company’s 50 day moving average is $21.74 and its 200-day moving average is $21.06. The company has a market cap of $129.23 million, a price-to-earnings ratio of 36.35 and a beta of -1.72. Tradr 2X Short TSLA Daily ETF has a twelve month low of $14.77 and a twelve month high of $75.63.

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.