T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Sees Significant Growth in Short Interest

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 408,600 shares, a growth of 31.6% from the November 15th total of 310,500 shares. Based on an average daily trading volume, of 5,570,400 shares, the days-to-cover ratio is presently 0.1 days.

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

NASDAQ:TSLT traded up $3.61 during trading hours on Friday, hitting $45.63. 4,021,558 shares of the stock were exchanged, compared to its average volume of 5,670,205. The firm’s fifty day moving average price is $23.81 and its 200 day moving average price is $17.64. T-Rex 2X Long Tesla Daily Target ETF has a 52-week low of $6.76 and a 52-week high of $45.66.

About T-Rex 2X Long Tesla Daily Target ETF

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.