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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,623,060 shares, an increase of 50.2% from the February 12th total of 1,080,699 shares. Currently, 20.8% of the company’s stock are short sold. Based on an average daily volume of 1,396,603 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 1,396,603 shares, the days-to-cover ratio is presently 1.2 days. Currently, 20.8% of the company’s stock are short sold.

Institutional Trading of GraniteShares 2x Long TSLA Daily ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF in the 3rd quarter worth about $500,000. Secure Asset Management LLC purchased a new stake in GraniteShares 2x Long TSLA Daily ETF in the fourth quarter worth about $415,000. Wolverine Trading LLC purchased a new stake in GraniteShares 2x Long TSLA Daily ETF in the third quarter worth about $408,000. Jump Financial LLC bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the second quarter valued at approximately $223,000. Finally, Simplex Trading LLC increased its stake in shares of GraniteShares 2x Long TSLA Daily ETF by 41.6% during the fourth quarter. Simplex Trading LLC now owns 27,752 shares of the company’s stock valued at $889,000 after purchasing an additional 8,152 shares in the last quarter.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

NASDAQ TSLR opened at $23.17 on Monday. GraniteShares 2x Long TSLA Daily ETF has a twelve month low of $9.97 and a twelve month high of $39.54. The stock’s 50 day moving average is $27.32 and its 200 day moving average is $29.61.

About GraniteShares 2x Long TSLA Daily ETF

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.