AXS Tesla Bear Daily ETF (NASDAQ:TSLQ) Trading Down 5%

AXS Tesla Bear Daily ETF (NASDAQ:TSLQGet Free Report)’s stock price dropped 5% during mid-day trading on Thursday . The stock traded as low as $38.38 and last traded at $38.51. Approximately 4,231,194 shares traded hands during mid-day trading, an increase of 19% from the average daily volume of 3,564,971 shares. The stock had previously closed at $40.53.

AXS Tesla Bear Daily ETF Stock Performance

The firm’s 50-day simple moving average is $38.74 and its 200 day simple moving average is $35.38.

AXS Tesla Bear Daily ETF Company Profile

(Get Free Report)

The AXS TSLA Bear Daily ETF (TSLQ) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLQ was launched on Jul 14, 2022 and is managed by AXS Investments.

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