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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 544,400 shares, an increase of 159.7% from the October 31st total of 209,600 shares. Based on an average trading volume of 1,080,200 shares, the days-to-cover ratio is currently 0.5 days.

GraniteShares 2x Long TSLA Daily ETF Trading Up 7.3 %

Shares of TSLR traded up $2.24 during mid-day trading on Friday, reaching $33.06. The company’s stock had a trading volume of 549,097 shares, compared to its average volume of 683,724. GraniteShares 2x Long TSLA Daily ETF has a 52 week low of $7.45 and a 52 week high of $36.47. The company’s fifty day moving average price is $22.62 and its two-hundred day moving average price is $17.68.

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

An institutional investor recently bought a new position in GraniteShares 2x Long TSLA Daily ETF stock. Jane Street Group LLC purchased a new stake in shares of GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 25,233 shares of the company’s stock, valued at approximately $537,000. Jane Street Group LLC owned about 0.80% of GraniteShares 2x Long TSLA Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long TSLA Daily ETF Company Profile

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.