Tradr 2X Short TSLA Daily ETF Target of Unusually Large Options Trading (NASDAQ:TSLQ)

Tradr 2X Short TSLA Daily ETF (NASDAQ:TSLQ) saw unusually large options trading activity on Wednesday. Stock traders purchased 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

A hedge fund recently bought a new stake 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 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,901 shares of the company’s stock, valued at approximately $774,000. Jump Financial LLC owned approximately 0.39% of Tradr 2X Short TSLA Daily ETF at the end of the most recent reporting period.

Tradr 2X Short TSLA Daily ETF Stock Performance

Shares of Tradr 2X Short TSLA Daily ETF stock traded up $3.20 during trading hours on Wednesday, reaching $40.67. 5,365,994 shares of the company were exchanged, compared to its average volume of 3,963,623. The firm has a market cap of $300.17 million, a PE ratio of 73.46 and a beta of 3.46. The stock’s fifty day moving average is $38.52 and its 200 day moving average is $63.84. Tradr 2X Short TSLA Daily ETF has a 1 year low of $20.47 and a 1 year high of $287.52.

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.