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

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 148,744 shares, an increase of 66.6% from the February 12th total of 89,299 shares. Based on an average daily volume of 56,130 shares, the days-to-cover ratio is presently 2.6 days. Approximately 22.2% of the company’s stock are sold short. Approximately 22.2% of the company’s stock are sold short. Based on an average daily volume of 56,130 shares, the days-to-cover ratio is presently 2.6 days.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC raised its stake in shares of GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) by 176.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,982 shares of the company’s stock after acquiring an additional 1,902 shares during the quarter. Simplex Trading LLC owned approximately 0.45% of GraniteShares 2x Long TSM Daily ETF worth $131,000 at the end of the most recent reporting period.

GraniteShares 2x Long TSM Daily ETF Trading Up 0.1%

NASDAQ TSMU opened at $51.06 on Friday. The firm’s 50 day moving average price is $55.60 and its 200-day moving average price is $45.42. GraniteShares 2x Long TSM Daily ETF has a 52-week low of $10.30 and a 52-week high of $69.31.

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.