GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Short Interest Update

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 320,400 shares, a drop of 25.5% from the December 15th total of 430,100 shares. Based on an average daily trading volume, of 1,451,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On GraniteShares 2x Long TSLA Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long TSLA Daily ETF stock. Jane Street Group LLC bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,233 shares of the company’s stock, valued at approximately $537,000. Jane Street Group LLC owned approximately 0.80% of GraniteShares 2x Long TSLA Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long TSLA Daily ETF Trading Down 6.9 %

TSLR stock traded down $3.30 during midday trading on Thursday, reaching $44.22. 699,577 shares of the company’s stock traded hands, compared to its average volume of 1,385,906. The business has a 50-day moving average price of $40.90 and a two-hundred day moving average price of $25.59. GraniteShares 2x Long TSLA Daily ETF has a fifty-two week low of $7.45 and a fifty-two week high of $64.75.

GraniteShares 2x Long TSLA Daily ETF Company Profile

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.