Short Interest in Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Expands By 249.3%

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 38,246 shares, a growth of 249.3% from the July 15th total of 10,949 shares. Based on an average trading volume of 113,468 shares, the days-to-cover ratio is currently 0.3 days. Currently, 8.5% of the company’s shares are sold short.

Roundhill TSLA WeeklyPay ETF Stock Performance

Roundhill TSLA WeeklyPay ETF stock opened at $17.50 on Friday. The stock has a market cap of $7.88 million and a price-to-earnings ratio of 48.94. The stock’s 50 day simple moving average is $20.23 and its two-hundred day simple moving average is $23.79. Roundhill TSLA WeeklyPay ETF has a fifty-two week low of $15.02 and a fifty-two week high of $43.59.

About Roundhill TSLA WeeklyPay ETF

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.