GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Short Interest Up 43.6% in April

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 5,600 shares, an increase of 43.6% from the March 31st total of 3,900 shares. Based on an average trading volume of 121,400 shares, the days-to-cover ratio is currently 0.0 days.

GraniteShares 2x Short TSLA Daily ETF Stock Up 2.4 %

Shares of GraniteShares 2x Short TSLA Daily ETF stock traded up $0.59 during trading on Friday, reaching $24.90. 446,092 shares of the company were exchanged, compared to its average volume of 114,576. GraniteShares 2x Short TSLA Daily ETF has a twelve month low of $14.19 and a twelve month high of $38.44. The business has a 50-day moving average price of $25.85 and a 200-day moving average price of $22.95.

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

An institutional investor recently bought a new position in GraniteShares 2x Short TSLA Daily ETF stock. ST Germain D J Co. Inc. bought a new stake in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,000 shares of the company’s stock, valued at approximately $125,000. ST Germain D J Co. Inc. owned 6.25% of GraniteShares 2x Short TSLA Daily ETF at the end of the most recent quarter.

GraniteShares 2x Short TSLA Daily ETF Company Profile

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.