Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Sees Significant Drop in Short Interest

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw a significant decrease in short interest in January. As of January 15th, there was short interest totalling 279,900 shares, a decrease of 46.9% from the December 31st total of 526,800 shares. Based on an average trading volume of 7,127,300 shares, the short-interest ratio is currently 0.0 days.

Tradr 2X Short TSLA Daily ETF Stock Performance

Shares of TSLQ traded down $0.21 on Friday, reaching $25.31. 12,971,222 shares of the company’s stock traded hands, compared to its average volume of 8,997,171. The stock’s 50 day simple moving average is $28.99 and its two-hundred day simple moving average is $101.24. Tradr 2X Short TSLA Daily ETF has a 52-week low of $20.47 and a 52-week high of $287.52.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $1.3242 per share. The ex-dividend date was Monday, December 23rd.

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.