Short Interest in T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Drops By 38.9%

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) saw a large decrease in short interest during the month of November. As of November 15th, there was short interest totalling 310,500 shares, a decrease of 38.9% from the October 31st total of 508,100 shares. Based on an average daily volume of 5,874,200 shares, the days-to-cover ratio is currently 0.1 days.

T-Rex 2X Long Tesla Daily Target ETF Stock Up 7.2 %

Shares of T-Rex 2X Long Tesla Daily Target ETF stock traded up $1.96 during trading on Friday, reaching $29.08. 1,440,255 shares of the company traded hands, compared to its average volume of 5,767,735. T-Rex 2X Long Tesla Daily Target ETF has a 1-year low of $6.76 and a 1-year high of $32.10. The company has a 50 day moving average price of $19.72 and a 200-day moving average price of $15.68.

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.