GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Trading Up 5.2% – What’s Next?

Shares of GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMUGet Free Report) traded up 5.2% on Friday . The company traded as high as $63.11 and last traded at $62.46. 72,728 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 98,413 shares. The stock had previously closed at $59.35.

GraniteShares 2x Long TSM Daily ETF Stock Performance

The business has a 50 day moving average of $50.60 and a 200 day moving average of $42.36.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long TSM Daily ETF stock. Group One Trading LLC acquired a new stake in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMUFree Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 672 shares of the company’s stock, valued at approximately $29,000. Group One Trading LLC owned approximately 0.10% of GraniteShares 2x Long TSM Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long TSM Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long TSM Daily ETF (TSMU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing Co Ltd (ticker: TSM) stock. TSMU was launched on Nov 11, 2024 and is issued by GraniteShares.

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