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

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 1,280,000 shares, a growth of 44.8% from the November 15th total of 883,900 shares. Based on an average daily trading volume, of 8,811,200 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Short TSLA Daily ETF Trading Down 8.3 %

Shares of GraniteShares 2x Short TSLA Daily ETF stock traded down $0.14 during trading hours on Friday, reaching $1.55. 22,245,315 shares of the company’s stock were exchanged, compared to its average volume of 3,203,520. The company has a 50 day moving average of $4.79 and a two-hundred day moving average of $9.59. GraniteShares 2x Short TSLA Daily ETF has a fifty-two week low of $1.55 and a fifty-two week high of $38.44.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Canton Hathaway LLC acquired a new position in shares of GraniteShares 2x Short TSLA Daily ETF during the 2nd quarter worth approximately $64,000. GEM Asset Management LLC bought a new position in shares of GraniteShares 2x Short TSLA Daily ETF in the third quarter valued at $378,000. Finally, Jane Street Group LLC increased its holdings 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 worth $476,000 after buying an additional 27,519 shares during the last quarter.

About GraniteShares 2x Short TSLA Daily ETF

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.