GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Down 22.4% in March

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 159,886 shares, a decline of 22.4% from the March 15th total of 206,105 shares. Based on an average daily trading volume, of 64,392 shares, the days-to-cover ratio is currently 2.5 days. Approximately 21.0% of the company’s stock are sold short.

GraniteShares 2x Long TSM Daily ETF Stock Up 5.4%

Shares of TSMU opened at $62.95 on Wednesday. GraniteShares 2x Long TSM Daily ETF has a twelve month low of $11.95 and a twelve month high of $69.31. The firm’s 50 day moving average price is $56.05 and its two-hundred day moving average price is $48.49.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long TSM Daily ETF stock. Group One Trading LLC acquired a new position in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 672 shares of the company’s stock, valued at approximately $29,000. Group One Trading LLC owned approximately 0.10% of GraniteShares 2x Long TSM Daily ETF as of its most recent SEC filing.

About GraniteShares 2x Long TSM Daily ETF

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.