T-Rex 2X Inverse Tesla Daily Target ETF Sees Unusually High Options Volume (NASDAQ:TSLZ)

T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) was the target of unusually large options trading on Monday. Stock traders acquired 3,953 call options on the stock. This represents an increase of 50% compared to the average daily volume of 2,640 call options.

T-Rex 2X Inverse Tesla Daily Target ETF Price Performance

Shares of TSLZ opened at $5.39 on Wednesday. T-Rex 2X Inverse Tesla Daily Target ETF has a 12-month low of $1.85 and a 12-month high of $60.65. The firm has a fifty day moving average price of $4.01 and a 200-day moving average price of $5.24.

Institutional Investors Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently raised its stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. Jump Financial LLC grew its stake in shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 1,614.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 979,348 shares of the company’s stock after acquiring an additional 922,223 shares during the period. Jump Financial LLC owned about 2.83% of T-Rex 2X Inverse Tesla Daily Target ETF worth $2,439,000 at the end of the most recent quarter.

About T-Rex 2X Inverse Tesla Daily Target ETF

The T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide (-2x) inverse exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLZ was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.