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 growth in short interest during the month of February. As of February 27th, there was short interest totaling 1,623,060 shares, a growth of 50.2% from the February 12th total of 1,080,699 shares. Currently, 20.8% of the shares of the stock are sold short. Based on an average trading volume of 1,396,603 shares, the short-interest ratio is currently 1.2 days. Based on an average trading volume of 1,396,603 shares, the short-interest ratio is currently 1.2 days. Currently, 20.8% of the shares of the stock are sold short.

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

A number of large investors have recently modified their holdings of the business. Hollencrest Capital Management raised its position in shares of GraniteShares 2x Long TSLA Daily ETF by 40.0% in the second quarter. Hollencrest Capital Management now owns 3,500 shares of the company’s stock valued at $66,000 after buying an additional 1,000 shares during the last quarter. Woodward Diversified Capital LLC purchased a new position in shares of GraniteShares 2x Long TSLA Daily ETF in the fourth quarter worth about $211,000. TRUE Private Wealth Advisors acquired a new position in GraniteShares 2x Long TSLA Daily ETF during the third quarter worth about $250,000. Genesis Financial Group LLC acquired a new position in GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth about $256,000. Finally, Simplex Trading LLC grew its stake in GraniteShares 2x Long TSLA Daily ETF by 41.6% during the 4th quarter. Simplex Trading LLC now owns 27,752 shares of the company’s stock valued at $889,000 after acquiring an additional 8,152 shares in the last quarter.

GraniteShares 2x Long TSLA Daily ETF Trading Down 2.1%

Shares of TSLR opened at $23.17 on Friday. The stock has a 50 day moving average price of $27.32 and a 200 day moving average price of $29.50. GraniteShares 2x Long TSLA Daily ETF has a one year low of $9.97 and a one year high of $39.54.

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.