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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 178,700 shares, a growth of 61.4% from the September 15th total of 110,700 shares. Based on an average daily trading volume, of 784,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors 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. IMC Chicago LLC bought a new stake in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,030 shares of the company’s stock, valued at approximately $269,000. IMC Chicago LLC owned about 1.72% of GraniteShares 2x Long TSLA Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long TSLA Daily ETF Price Performance

Shares of NASDAQ:TSLR traded down $3.09 during midday trading on Friday, hitting $14.50. The stock had a trading volume of 1,780,255 shares, compared to its average volume of 563,857. GraniteShares 2x Long TSLA Daily ETF has a 12 month low of $7.45 and a 12 month high of $30.97. The business’s 50-day simple moving average is $16.21 and its 200-day simple moving average is $14.52.

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.