Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) Shares Climb 21.9% – Here’s Why

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ – Get Free Report) shares rose 21.9% during mid-day trading on Thursday. The company traded as high as $19.77 and last traded at $19.33. 14,967,493 shares traded hands during mid-day trading, an increase of 64% from the average session volume of 9,120,698 shares. The stock had previously closed at $15.86.

Tradr 2X Short TSLA Daily ETF Price Performance

The stock has a market capitalization of $140.28 million, a P/E ratio of 36.35 and a beta of -1.89. The firm has a 50-day simple moving average of $17.62 and a 200 day simple moving average of $20.29.

Tradr 2X Short TSLA Daily ETF Company Profile

(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.

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