Short Interest in T-Rex 2X Long Tesla Daily Target ETF (BATS:TSLT) Decreases By 41.5%

T-Rex 2X Long Tesla Daily Target ETF (BATS:TSLT) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 587,949 shares, a decrease of 41.5% from the June 15th total of 1,004,870 shares. Based on an average trading volume of 2,441,151 shares, the short-interest ratio is presently 0.2 days. Approximately 2.6% of the company’s shares are short sold.

T-Rex 2X Long Tesla Daily Target ETF Trading Down 1.8%

Shares of TSLT stock opened at $16.81 on Friday. The company has a market cap of $386.63 million and a PE ratio of 53.57. The company’s fifty day simple moving average is $19.35 and its 200-day simple moving average is $20.32. T-Rex 2X Long Tesla Daily Target ETF has a 52 week low of $13.54 and a 52 week high of $33.03.

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.