T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT – Get Free Report) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 329,200 shares, a decline of 19.4% from the November 30th total of 408,600 shares. Based on an average daily volume of 5,758,500 shares, the short-interest ratio is presently 0.1 days.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in T-Rex 2X Long Tesla Daily Target ETF stock. JPMorgan Chase & Co. purchased a new stake in T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 137,000 shares of the company’s stock, valued at approximately $2,592,000. JPMorgan Chase & Co. owned about 0.64% of T-Rex 2X Long Tesla Daily Target ETF as of its most recent SEC filing.
T-Rex 2X Long Tesla Daily Target ETF Price Performance
T-Rex 2X Long Tesla Daily Target ETF stock opened at $40.56 on Tuesday. The firm has a 50 day simple moving average of $30.45 and a 200-day simple moving average of $20.37. T-Rex 2X Long Tesla Daily Target ETF has a 1-year low of $6.76 and a 1-year high of $56.90.
T-Rex 2X Long Tesla Daily Target ETF Company Profile
The T-REX 2X Long Tesla Daily Target ETF (TSLT) 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, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.
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