Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Gap Down – What’s Next?

Posted by Cheyenne Larson on Mar 11th, 2025

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $70.50, but opened at $68.66. Tradr 2X Short TSLA Daily ETF shares last traded at $70.85, with a volume of 6,539,136 shares.

Tradr 2X Short TSLA Daily ETF Stock Down 5.8 %

The company’s 50 day simple moving average is $32.30 and its two-hundred day simple moving average is $73.19. The company has a market capitalization of $490.24 million, a price-to-earnings ratio of 90.38 and a beta of 3.46.

Tradr 2X Short TSLA Daily ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $1.3242 dividend. The ex-dividend date was Monday, December 23rd.

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

A hedge fund recently bought a new stake in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new position in shares of Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned about 0.39% of Tradr 2X Short TSLA Daily ETF at the end of the most recent quarter.

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.