T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Down 7.9% – Here’s What Happened

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report)’s stock price was down 7.9% on Thursday . The company traded as low as $24.96 and last traded at $25.03. Approximately 2,508,355 shares traded hands during trading, a decline of 57% from the average daily volume of 5,803,930 shares. The stock had previously closed at $27.17.

T-Rex 2X Long Tesla Daily Target ETF Trading Down 8.2 %

The business has a 50-day moving average price of $16.81 and a two-hundred day moving average price of $14.41.

About T-Rex 2X Long Tesla Daily Target ETF

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The T-REX 2X Long Tesla Daily Target ETF (TSLT) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund aims to provide 2x leveraged exposure to the daily price movement of Tesla, Inc stock, less fees, and expenses. TSLT was launched on Oct 18, 2023 and is issued by Tuttle Capital Management.

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