Roundhill TSLA WeeklyPay ETF (BATS:TSLW) Sees Significant Decline in Short Interest

Roundhill TSLA WeeklyPay ETF (BATS:TSLW) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 23,485 shares, a decline of 56.7% from the June 15th total of 54,241 shares. Based on an average trading volume of 88,236 shares, the days-to-cover ratio is currently 0.3 days. Approximately 5.2% of the company’s shares are sold short.

Roundhill TSLA WeeklyPay ETF Price Performance

BATS:TSLW opened at $21.73 on Wednesday. The firm has a market capitalization of $9.78 million and a price-to-earnings ratio of 48.94. Roundhill TSLA WeeklyPay ETF has a 1 year low of $20.56 and a 1 year high of $43.59. The business has a 50 day simple moving average of $23.94 and a 200-day simple moving average of $26.21.

About Roundhill TSLA WeeklyPay ETF

The Tradr 1.5X Long TSLA Weekly ETF (TSLW) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed, seeking to provide 1.5x the exposure to the weekly price return of the Tesla stock (TSLA) through swap agreements with major global financial institutions. TSLW was launched on Sep 3, 2024 and is issued by Tradr.