Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Trading Down 1.6% – Here’s What Happened

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQGet Free Report)’s stock price dropped 1.6% on Monday . The stock traded as low as $17.61 and last traded at $18.07. Approximately 14,406,279 shares were traded during trading, a decline of 18% from the average daily volume of 17,618,041 shares. The stock had previously closed at $18.37.

Tradr 2X Short TSLA Daily ETF Trading Down 1.6%

The firm’s 50 day moving average price is $20.96 and its 200-day moving average price is $32.88. The company has a market cap of $258.76 million, a P/E ratio of 36.35 and a beta of -1.77.

Tradr 2X Short TSLA Daily ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $1.9184 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a yield of 1,242.0%.

Institutional Trading of Tradr 2X Short TSLA Daily ETF

A hedge fund recently raised its stake in Tradr 2X Short TSLA Daily ETF stock. Flow Traders U.S. LLC increased its stake in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQFree Report) by 12.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 347,220 shares of the company’s stock after purchasing an additional 38,220 shares during the period. Flow Traders U.S. LLC owned approximately 2.24% of Tradr 2X Short TSLA Daily ETF worth $2,795,000 as of its most recent SEC filing.

About Tradr 2X Short TSLA Daily ETF

(Get Free Report)

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.

Further Reading

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