Short Interest in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Grows By 117.3%

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMUGet Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 71,138 shares, a growth of 117.3% from the December 31st total of 32,744 shares. Approximately 10.9% of the shares of the company are short sold. Based on an average daily trading volume, of 121,944 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 121,944 shares, the days-to-cover ratio is presently 0.6 days. Approximately 10.9% of the shares of the company are short sold.

GraniteShares 2x Long TSM Daily ETF Stock Performance

TSMU stock traded down $1.57 during midday trading on Friday, reaching $52.13. The stock had a trading volume of 29,424 shares, compared to its average volume of 103,954. The firm has a fifty day simple moving average of $45.41 and a two-hundred day simple moving average of $39.23. GraniteShares 2x Long TSM Daily ETF has a 52-week low of $10.30 and a 52-week high of $57.70.

About GraniteShares 2x Long TSM Daily ETF

(Get Free Report)

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.

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