T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) Shares to Reverse Split on Thursday, October 30th

Shares of T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) are scheduled to reverse split on Thursday, October 30th. The 1-20 reverse split was announced on Wednesday, October 1st. The number of shares owned by shareholders will be adjusted after the market closes on Wednesday, October 29th.

T-Rex 2X Inverse Tesla Daily Target ETF Trading Up 5.8%

TSLZ opened at $0.71 on Friday. The firm has a fifty day moving average price of $0.96 and a 200 day moving average price of $1.61. T-Rex 2X Inverse Tesla Daily Target ETF has a 1 year low of $0.64 and a 1 year high of $9.80.

Hedge Funds Weigh In On T-Rex 2X Inverse Tesla Daily Target ETF

An institutional investor recently bought a new position in T-Rex 2X Inverse Tesla Daily Target ETF stock. Jump Financial LLC purchased a new position in T-Rex 2X Inverse Tesla Daily Target ETF (NASDAQ:TSLZ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 297,533 shares of the company’s stock, valued at approximately $491,000. Jump Financial LLC owned approximately 0.52% of T-Rex 2X Inverse Tesla Daily Target ETF as of its most recent filing with the Securities and Exchange Commission.

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

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