GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Stock Price Up 6.5% – Here’s What Happened

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDDGet Free Report)’s stock price traded up 6.5% during trading on Thursday . The company traded as high as $10.23 and last traded at $10.17. 42,836,679 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 34,374,102 shares. The stock had previously closed at $9.55.

GraniteShares 2x Short TSLA Daily ETF Price Performance

The stock’s fifty day moving average price is $8.72 and its two-hundred day moving average price is $9.71.

GraniteShares 2x Short TSLA Daily ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $0.651 dividend. This represents a c) annualized dividend and a yield of 76.8%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Institutional investors have recently bought and sold shares of the business. HRT Financial LP acquired a new position in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth about $822,000. IMC Chicago LLC purchased a new position in shares of GraniteShares 2x Short TSLA Daily ETF in the 4th quarter valued at about $615,000. Renaissance Technologies LLC acquired a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth about $554,000. Headlands Technologies LLC acquired a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth about $450,000. Finally, XTX Topco Ltd purchased a new stake in GraniteShares 2x Short TSLA Daily ETF during the fourth quarter worth approximately $389,000.

GraniteShares 2x Short TSLA Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Short TSLA Daily ETF (TSDD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSDD was launched on Aug 21, 2023 and is issued by GraniteShares.

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