T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Shares Down 7.9% – Should You Sell?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) shares fell 7.9% during mid-day trading on Thursday . The stock traded as low as $24.96 and last traded at $25.03. 2,508,355 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 5,803,930 shares. The stock had previously closed at $27.17.

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

The company has a 50 day moving average of $16.81 and a 200-day moving average of $14.41.

T-Rex 2X Long Tesla Daily Target ETF Company Profile

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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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