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

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the recipient of a large growth in short interest in February. As of February 15th, there was short interest totalling 365,100 shares, a growth of 128.5% from the January 31st total of 159,800 shares. Based on an average daily volume of 1,509,500 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long TSLA Daily ETF Price Performance

NASDAQ TSLR traded up $1.53 during trading hours on Friday, hitting $21.16. 2,454,192 shares of the company were exchanged, compared to its average volume of 1,604,260. The company has a 50 day moving average of $38.86 and a two-hundred day moving average of $29.26. GraniteShares 2x Long TSLA Daily ETF has a 52-week low of $7.45 and a 52-week high of $64.75.

Institutional Trading of GraniteShares 2x Long TSLA Daily ETF

A number of large investors have recently made changes to their positions in the company. NewEdge Advisors LLC lifted its position in shares of GraniteShares 2x Long TSLA Daily ETF by 474.3% during the 4th quarter. NewEdge Advisors LLC now owns 106,240 shares of the company’s stock worth $4,595,000 after purchasing an additional 87,740 shares during the last quarter. Snowden Capital Advisors LLC increased its holdings in shares of GraniteShares 2x Long TSLA Daily ETF by 57.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 35,006 shares of the company’s stock valued at $1,514,000 after acquiring an additional 12,791 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter worth about $537,000. Simplify Asset Management Inc. purchased a new stake in GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth approximately $818,000. Finally, Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth approximately $65,000.

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.