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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,032,174 shares, a decrease of 36.4% from the February 26th total of 1,623,060 shares. Based on an average daily trading volume, of 1,722,020 shares, the short-interest ratio is currently 0.6 days. Currently, 13.2% of the shares of the company are sold short.

Hedge Funds Weigh In On GraniteShares 2x Long TSLA Daily ETF

A number of large investors have recently made changes to their positions in the company. Wolverine Trading LLC bought a new stake in GraniteShares 2x Long TSLA Daily ETF in the 3rd quarter valued at $408,000. Group One Trading LLC bought a new position in GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter worth $500,000. Simplex Trading LLC lifted its holdings 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 worth $889,000 after buying an additional 8,152 shares in the last quarter. TRUE Private Wealth Advisors acquired a new stake in shares of GraniteShares 2x Long TSLA Daily ETF during the third quarter worth $250,000. Finally, Jump Financial LLC bought a new stake in shares of GraniteShares 2x Long TSLA Daily ETF in the second quarter valued at about $223,000.

GraniteShares 2x Long TSLA Daily ETF Price Performance

GraniteShares 2x Long TSLA Daily ETF stock opened at $20.81 on Friday. The company’s 50-day moving average price is $25.82 and its two-hundred day moving average price is $29.61. GraniteShares 2x Long TSLA Daily ETF has a twelve month low of $9.97 and a twelve month high of $39.54.

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.