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

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 310,500 shares, a decline of 38.9% from the October 31st total of 508,100 shares. Based on an average daily trading volume, of 5,874,200 shares, the short-interest ratio is presently 0.1 days.

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

NASDAQ TSLT traded up $1.96 on Friday, hitting $29.08. 1,453,381 shares of the company were exchanged, compared to its average volume of 5,767,735. The company’s 50 day moving average price is $19.99 and its 200-day moving average price is $15.81. T-Rex 2X Long Tesla Daily Target ETF has a twelve month low of $6.76 and a twelve month high of $32.10.

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.