GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Update

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 106,358 shares, a decrease of 60.3% from the May 31st total of 268,175 shares. Based on an average daily volume of 70,567 shares, the short-interest ratio is presently 1.5 days. Currently, 16.1% of the shares of the company are sold short.

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

A hedge fund recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC boosted its position in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) by 176.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,982 shares of the company’s stock after acquiring an additional 1,902 shares during the period. Simplex Trading LLC owned 0.45% of GraniteShares 2x Long TSM Daily ETF worth $131,000 as of its most recent SEC filing.

GraniteShares 2x Long TSM Daily ETF Stock Performance

NASDAQ:TSMU traded up $2.22 during trading hours on Monday, reaching $78.30. The stock had a trading volume of 24,762 shares, compared to its average volume of 95,734. The stock has a 50 day simple moving average of $72.18 and a 200 day simple moving average of $59.25. GraniteShares 2x Long TSM Daily ETF has a 12-month low of $25.97 and a 12-month high of $93.29.

GraniteShares 2x Long TSM Daily ETF Company Profile

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.