Short interest in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) surged by 34.9% in January, reaching 41,719,205 shares. This increase represents 12.2% of shares sold short, with a “days-to-cover” ratio of 0.6 days based on average daily trading volume. Institutional investors have also recently adjusted their positions in the leveraged ETF.
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Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) Short Interest Up 34.9% in January
Short interest in Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) surged by 34.9% in January, reaching 41,719,205 shares. This increase represents 12.2% of shares sold short, with a “days-to-cover” ratio of 0.6 days based on average daily trading volume. Institutional investors have also recently adjusted their positions in the leveraged ETF.