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

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totaling 101,679 shares, a decrease of 54.5% from the July 15th total of 223,671 shares. Currently, 10.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 101,421 shares, the short-interest ratio is presently 1.0 days.

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

An institutional investor recently raised its stake 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% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,982 shares of the company’s stock after purchasing an additional 1,902 shares during the period. Simplex Trading LLC owned approximately 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

TSMU stock opened at $70.15 on Monday. GraniteShares 2x Long TSM Daily ETF has a 52 week low of $25.97 and a 52 week high of $93.29. The firm’s 50-day moving average is $72.53 and its two-hundred day moving average is $65.10.

About GraniteShares 2x Long TSM Daily ETF

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.