GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Shares Down 0.2% – What’s Next?

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) shares traded down 0.2% on Wednesday . The company traded as low as $24.71 and last traded at $25.60. 2,106,596 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 1,944,514 shares. The stock had previously closed at $25.64.

GraniteShares 2x Long TSLA Daily ETF Trading Down 0.2%

The company has a fifty day moving average of $22.84 and a 200-day moving average of $26.73.

Institutional Investors Weigh In On GraniteShares 2x Long TSLA Daily ETF

Several institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long TSLA Daily ETF by 149.8% during the first quarter. Optiver Holding B.V. now owns 58,455 shares of the company’s stock worth $1,208,000 after buying an additional 35,051 shares in the last quarter. Simplex Trading LLC boosted its holdings in 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 purchasing an additional 8,152 shares during the last quarter. IMC Chicago LLC purchased a new position in GraniteShares 2x Long TSLA Daily ETF during the first quarter worth about $408,000. Group One Trading LLC purchased a new position in GraniteShares 2x Long TSLA Daily ETF during the third quarter worth about $500,000. Finally, Secure Asset Management LLC purchased a new position in GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth about $415,000.

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.