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) saw unusually large options trading activity on Tuesday. Stock investors purchased 2,951 call options on the stock. This represents an increase of approximately 54% compared to the typical daily volume of 1,913 call options.

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 increased its stake in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) by 1,614.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 979,348 shares of the company’s stock after purchasing an additional 922,223 shares during the quarter. Jump Financial LLC owned 2.83% of T-Rex 2X Inverse Tesla Daily Target ETF worth $2,439,000 at the end of the most recent quarter.

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

Shares of TSLZ stock opened at $6.02 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’s 50 day moving average is $3.34 and its 200 day moving average is $6.31.

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.