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TSLQ

20.16000 USD
2.01
9.07%
Last update Jun 9, 3:59 PM EDT
Market closed
Day range
20
24.17900
Previous close
22.17000
Open
23.55000
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Tradr 2x Short Tesla Daily ETF
20.16
2.01
9.07%

Overview

Description

Tradr 2x Short Tesla Daily ETF is a leveraged exchange-traded fund designed to provide twice the inverse daily performance of Tesla Inc.'s common stock. This type of ETF is structured to cater to investors who seek to capitalize on potential declines in the price of Tesla shares by providing amplified inverse exposure. It achieves this by utilizing financial instruments such as derivatives, swaps, and futures contracts to magnify the inverse movement of Tesla's stock price on a day-to-day basis. This ETF is particularly relevant to traders looking for short-term strategies to hedge or speculate against Tesla's volatility. It operates primarily in the technology and automotive sectors due to Tesla’s significant influence in these industries. As part of the broader financial market, leveraged inverse ETFs like this one play an important role by offering opportunities for tactical asset allocation, risk management, and providing liquidity through active trading.

About

Address
Phone
(414) 299-2295
Website
Instrument type
ETF
Country
United States
MIC code
XNMS
Market closed

Exchange is currently closed
Pre-market opens in 3 hours 2 minutes

00:57
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).