Tradr 2X Short TSLA Daily ETF Sees Unusually High Options Volume (NASDAQ:TSLQ)

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw unusually large options trading on Wednesday. Stock traders bought 3,201 put options on the company. This represents an increase of 44% compared to the average volume of 2,221 put options.

Institutional Trading of Tradr 2X Short TSLA Daily ETF

An institutional investor recently bought a new position in Tradr 2X Short TSLA Daily ETF stock. Jump Financial LLC acquired a new stake in Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 reporting period.

Tradr 2X Short TSLA Daily ETF Price Performance

NASDAQ TSLQ opened at $41.34 on Friday. Tradr 2X Short TSLA Daily ETF has a 1-year low of $20.47 and a 1-year high of $287.52. The firm has a market capitalization of $305.09 million, a P/E ratio of 73.46 and a beta of 3.46. The business’s 50-day simple moving average is $39.25 and its 200-day simple moving average is $63.53.

About Tradr 2X Short TSLA Daily ETF

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.