GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Short Interest Down 25.5% in December

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

GraniteShares 2x Long TSLA Daily ETF Price Performance

TSLR opened at $44.32 on Friday. The stock has a fifty day moving average price of $41.28 and a 200 day moving average price of $25.72. GraniteShares 2x Long TSLA Daily ETF has a 1 year low of $7.45 and a 1 year high of $64.75.

Institutional Trading of 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) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 25,233 shares of the company’s stock, valued at approximately $537,000. Jane Street Group LLC owned about 0.80% of GraniteShares 2x Long TSLA Daily ETF at the end of the most recent reporting period.

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.