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

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 61,800 shares, a growth of 86.1% from the January 15th total of 33,200 shares. Based on an average trading volume of 1,086,800 shares, the days-to-cover ratio is currently 0.1 days.

GraniteShares 2x Short TSLA Daily ETF Stock Performance

Shares of TSDD stock traded down $3.76 during trading hours on Thursday, reaching $40.24. The company had a trading volume of 1,207,703 shares, compared to its average volume of 979,271. The business has a fifty day moving average price of $33.00 and a 200-day moving average price of $110.42. GraniteShares 2x Short TSLA Daily ETF has a one year low of $24.20 and a one year high of $768.80.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Large investors have recently made changes to their positions in the stock. IMC Chicago LLC bought a new stake in GraniteShares 2x Short TSLA Daily ETF during the fourth quarter valued at approximately $557,000. SG Americas Securities LLC bought a new stake in GraniteShares 2x Short TSLA Daily ETF during the fourth quarter valued at approximately $504,000. Prosperity Wealth Management Inc. bought a new stake in GraniteShares 2x Short TSLA Daily ETF during the fourth quarter valued at approximately $491,000. SBI Securities Co. Ltd. bought a new stake in GraniteShares 2x Short TSLA Daily ETF during the fourth quarter valued at approximately $141,000. Finally, Jane Street Group LLC grew its position in GraniteShares 2x Short TSLA Daily ETF by 61.3% during the third quarter. Jane Street Group LLC now owns 72,399 shares of the company’s stock valued at $476,000 after buying an additional 27,519 shares during the period.

GraniteShares 2x Short TSLA Daily ETF Company Profile

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.