GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Update

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 106,358 shares, a decrease of 60.3% from the May 31st total of 268,175 shares. Approximately 16.1% of the company’s stock are short sold. Based on an average trading volume of 70,567 shares, the short-interest ratio is currently 1.5 days.

GraniteShares 2x Long TSM Daily ETF Trading Up 9.8%

GraniteShares 2x Long TSM Daily ETF stock traded up $8.26 during mid-day trading on Tuesday, reaching $92.13. The stock had a trading volume of 76,557 shares, compared to its average volume of 96,348. GraniteShares 2x Long TSM Daily ETF has a fifty-two week low of $25.97 and a fifty-two week high of $93.29. The stock’s 50-day simple moving average is $72.70 and its 200-day simple moving average is $59.52.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

A hedge fund recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC raised its holdings in shares of GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) by 176.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,982 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. Simplex Trading LLC owned 0.45% of GraniteShares 2x Long TSM Daily ETF worth $131,000 as of its most recent SEC filing.

About GraniteShares 2x Long TSM Daily ETF

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.