T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLT) Stock Price Down 6.2% – What’s Next?

T-Rex 2X Long Tesla Daily Target ETF (NASDAQ:TSLTGet Free Report) traded down 6.2% during trading on Wednesday . The stock traded as low as $26.08 and last traded at $26.32. 1,427,099 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 5,778,595 shares. The stock had previously closed at $28.05.

T-Rex 2X Long Tesla Daily Target ETF Price Performance

The company’s 50-day moving average price is $19.51 and its 200 day moving average price is $15.60.

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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