T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Shares Scheduled to Reverse Split on Thursday, October 30th

Shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) are scheduled to reverse split on the morning of Thursday, October 30th. The 1-20 reverse split was announced on Wednesday, October 1st. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, October 29th.

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

Shares of NASDAQ TSLZ opened at $0.70 on Friday. T-Rex 2X Inverse Tesla Daily Target ETF has a 52 week low of $0.64 and a 52 week high of $15.03. The business has a 50-day simple moving average of $1.02 and a two-hundred day simple moving average of $1.77.

Hedge Funds Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

A hedge fund recently bought a new stake in T-Rex 2X Inverse Tesla Daily Target ETF stock. Jump Financial LLC acquired a new stake in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 297,533 shares of the company’s stock, valued at approximately $491,000. Jump Financial LLC owned 0.52% of T-Rex 2X Inverse Tesla Daily Target ETF at the end of the most recent quarter.

T-Rex 2X Inverse Tesla Daily Target ETF Company Profile

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.