Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Up 0% – Here’s What Happened

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ)’s share price was up 0% on Tuesday . The company traded as high as $20.79 and last traded at $20.02. Approximately 23,139,420 shares changed hands during mid-day trading, an increase of 54% from the average daily volume of 15,035,190 shares. The stock had previously closed at $20.01.

Tradr 2X Short TSLA Daily ETF Stock Up 0.0%

The company has a market cap of $227.03 million, a price-to-earnings ratio of 36.35 and a beta of -1.77. The business has a fifty day simple moving average of $19.23 and a 200 day simple moving average of $28.79.

Tradr 2X Short TSLA Daily ETF Dividend Announcement

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

Institutional Investors Weigh In On Tradr 2X Short TSLA Daily ETF

An institutional investor recently raised its position in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC boosted its position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) by 2,311.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 664,092 shares of the company’s stock after purchasing an additional 636,550 shares during the quarter. Jump Financial LLC owned approximately 2.96% of Tradr 2X Short TSLA Daily ETF worth $12,126,000 at the end of the most recent reporting period.

Tradr 2X Short TSLA Daily ETF Company Profile

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.