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

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 13,600 shares, adropof95.0% from the July 15th total of 271,700 shares. Approximately0.3% of the company’s stock are short sold. Based on an average trading volume of 3,666,900 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 3,666,900 shares, the days-to-cover ratio is currently 0.0 days. Approximately0.3% of the company’s stock are short sold.

GraniteShares 2x Short TSLA Daily ETF Stock Up 3.0%

Shares of TSDD opened at $19.53 on Friday. GraniteShares 2x Short TSLA Daily ETF has a twelve month low of $17.51 and a twelve month high of $232.22. The company has a 50 day moving average of $21.97 and a 200-day moving average of $36.67.

Hedge Funds Weigh In On GraniteShares 2x Short TSLA Daily ETF

Several hedge funds and other institutional investors have recently made changes to their positions in TSDD. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Short TSLA Daily ETF in the fourth quarter valued at $3,368,000. Jane Street Group LLC grew its stake in shares of GraniteShares 2x Short TSLA Daily ETF by 725.0% in the fourth quarter. Jane Street Group LLC now owns 597,267 shares of the company’s stock valued at $1,003,000 after buying an additional 524,868 shares in the last quarter. IHT Wealth Management LLC bought a new position in shares of GraniteShares 2x Short TSLA Daily ETF in the fourth quarter valued at $252,000. Two Sigma Securities LLC grew its stake in shares of GraniteShares 2x Short TSLA Daily ETF by 316.6% in the fourth quarter. Two Sigma Securities LLC now owns 53,639 shares of the company’s stock valued at $90,000 after buying an additional 40,763 shares in the last quarter. Finally, Jump Financial LLC bought a new position in shares of GraniteShares 2x Short TSLA Daily ETF in the second quarter valued at $495,000.

GraniteShares 2x Short TSLA Daily ETF Company Profile

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.