GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Shares Shorted: Short Interest Up 123.1% in September

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 1,287,274 shares, an increase of 123.1% from the August 31st total of 576,867 shares. Approximately 45.8% of the company’s shares are sold short. Based on an average trading volume of 9,369,144 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Several large investors have recently bought and sold shares of TSDD. IMC Chicago LLC boosted its position in shares of GraniteShares 2x Short TSLA Daily ETF by 58.4% during the first quarter. IMC Chicago LLC now owns 126,083 shares of the company’s stock valued at $1,316,000 after purchasing an additional 46,502 shares in the last quarter. Optiver Holding B.V. lifted its position in GraniteShares 2x Short TSLA Daily ETF by 7.6% during the first quarter. Optiver Holding B.V. now owns 24,203 shares of the company’s stock valued at $253,000 after buying an additional 1,713 shares during the period. Finally, Group One Trading LLC bought a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 1st quarter valued at $40,000.

GraniteShares 2x Short TSLA Daily ETF Stock Up 3.1%

NASDAQ TSDD traded up $0.22 during trading on Friday, hitting $7.41. The company had a trading volume of 7,495,521 shares, compared to its average volume of 24,482,203. GraniteShares 2x Short TSLA Daily ETF has a one year low of $6.57 and a one year high of $12.55. The company’s fifty day moving average is $9.04 and its 200-day moving average is $8.85.

About GraniteShares 2x Short TSLA Daily ETF

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.