AXS TSLA Bear Daily ETF Price & Performance (TSLQ)

The Tradr 2X Short TSLA Daily ETF (TSLQ) saw a significant 30.1% increase in short interest during February. As of mid-month, the short interest totaled 406,800 shares, up from 312,600 at the end of January. This growth reflects heightened bearish sentiment toward Tesla's stock performance.1

Recent trading strategies for TSLQ highlight key resistance and support levels. A buy signal is triggered slightly above $46.53 with an upside target of $48.39, while a short signal is suggested near $46.53, targeting $41.08. These levels indicate potential market volatility for this inverse Tesla ETF.2

The AXS TSLA Bear Daily ETF (TSLQ) remains a popular choice for bearish Tesla investors. Offering inverse exposure to Tesla's daily performance, the ETF is designed for short-term trades. However, its high expense ratio and leveraged nature underscore the importance of cautious, active portfolio management.3