Short Interest in GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Rises By 159.7%

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 544,400 shares, an increase of 159.7% from the October 31st total of 209,600 shares. Based on an average daily trading volume, of 1,080,200 shares, the short-interest ratio is currently 0.5 days.

GraniteShares 2x Long TSLA Daily ETF Trading Down 3.1 %

GraniteShares 2x Long TSLA Daily ETF stock opened at $30.82 on Thursday. GraniteShares 2x Long TSLA Daily ETF has a 52-week low of $7.45 and a 52-week high of $36.47. The company’s 50 day moving average is $22.07 and its two-hundred day moving average is $17.43.

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

An institutional investor recently bought a new position in GraniteShares 2x Long TSLA Daily ETF stock. Garden State Investment Advisory Services LLC acquired a new position in shares of GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 70,254 shares of the company’s stock, valued at approximately $980,000. Garden State Investment Advisory Services LLC owned about 3.00% of GraniteShares 2x Long TSLA Daily ETF as of its most recent filing with the SEC.

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.