Short Interest in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Expands By 117.3%

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 71,138 shares, a growth of 117.3% from the December 31st total of 32,744 shares. Based on an average trading volume of 121,944 shares, the days-to-cover ratio is presently 0.6 days. Approximately 10.9% of the shares of the company are sold short. Approximately 10.9% of the shares of the company are sold short. Based on an average trading volume of 121,944 shares, the days-to-cover ratio is presently 0.6 days.

GraniteShares 2x Long TSM Daily ETF Stock Down 5.4%

Shares of GraniteShares 2x Long TSM Daily ETF stock opened at $50.81 on Friday. GraniteShares 2x Long TSM Daily ETF has a 1 year low of $10.30 and a 1 year high of $57.70. The business has a fifty day simple moving average of $45.69 and a two-hundred day simple moving average of $39.45.

GraniteShares 2x Long TSM Daily ETF Company Profile

The GraniteShares 2x Long TSM Daily ETF (TSMU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing Co Ltd (ticker: TSM) stock. TSMU was launched on Nov 11, 2024 and is issued by GraniteShares.