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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 544,400 shares, a growth of 159.7% from the October 31st total of 209,600 shares. Based on an average daily trading volume, of 1,080,200 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On 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 GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 25,233 shares of the company’s stock, valued at approximately $537,000. Jane Street Group LLC owned approximately 0.80% of GraniteShares 2x Long TSLA Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

NASDAQ TSLR traded up $2.24 during trading hours on Friday, reaching $33.06. 549,097 shares of the company were exchanged, compared to its average volume of 683,724. The business’s 50 day simple moving average is $22.62 and its 200-day simple moving average is $17.68. GraniteShares 2x Long TSLA Daily ETF has a 1 year low of $7.45 and a 1 year high of $36.47.

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.