GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Get Free Report) were down 1.9% during trading on Tuesday . The company traded as low as $8.28 and last traded at $8.31. Approximately 714,761 shares were traded during mid-day trading, an increase of 116% from the average daily volume of 331,527 shares. The stock had previously closed at $8.47.
GraniteShares 1.25X Long TSLA Daily ETF Stock Performance
The company has a 50 day moving average of $8.99 and a 200 day moving average of $7.67. The firm has a market cap of $8.56 million, a P/E ratio of 5.81 and a beta of -4.33.
GraniteShares 1.25X Long TSLA Daily ETF Company Profile
The GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.25x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSL was launched on Aug 9, 2022 and is managed by GraniteShares.
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