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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 209,600 shares, an increase of 29.1% from the October 15th total of 162,300 shares. Based on an average trading volume of 898,700 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds 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. Garden State Investment Advisory Services LLC acquired a new position in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 70,254 shares of the company’s stock, valued at approximately $980,000. Garden State Investment Advisory Services LLC owned about 3.00% of GraniteShares 2x Long TSLA Daily ETF as of its most recent filing with the Securities and Exchange Commission.

GraniteShares 2x Long TSLA Daily ETF Price Performance

GraniteShares 2x Long TSLA Daily ETF stock opened at $28.91 on Friday. The firm has a 50 day moving average price of $19.47 and a 200-day moving average price of $16.24. GraniteShares 2x Long TSLA Daily ETF has a twelve month low of $7.45 and a twelve month high of $36.32.

About GraniteShares 2x Long TSLA Daily ETF

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.