GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Stock Price Up 2.6% – Here’s What Happened

Shares of GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDDGet Free Report) rose 2.6% during mid-day trading on Wednesday . The stock traded as high as $9.13 and last traded at $8.97. 3,768,913 shares were traded during mid-day trading, a decline of 86% from the average session volume of 26,554,078 shares. The stock had previously closed at $8.74.

GraniteShares 2x Short TSLA Daily ETF Stock Performance

The stock has a 50-day moving average of $9.04 and a 200-day moving average of $9.01.

Institutional Investors Weigh In On GraniteShares 2x Short TSLA Daily ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Group One Trading LLC bought a new position in GraniteShares 2x Short TSLA Daily ETF in the 1st quarter valued at about $40,000. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Short TSLA Daily ETF by 7.6% during the 1st quarter. Optiver Holding B.V. now owns 24,203 shares of the company’s stock worth $253,000 after acquiring an additional 1,713 shares during the period. StoneX Group Inc. acquired a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth approximately $320,000. Jane Street Group LLC boosted its position in shares of GraniteShares 2x Short TSLA Daily ETF by 15.3% during the 2nd quarter. Jane Street Group LLC now owns 16,371 shares of the company’s stock worth $375,000 after acquiring an additional 2,167 shares in the last quarter. Finally, XTX Topco Ltd bought a new position in GraniteShares 2x Short TSLA Daily ETF in the fourth quarter valued at approximately $389,000.

About GraniteShares 2x Short TSLA Daily ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for GraniteShares 2x Short TSLA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Short TSLA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.