GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Short Interest Up 137.9% in March

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 501,900 shares, an increase of 137.9% from the March 15th total of 211,000 shares. Based on an average daily volume of 3,107,300 shares, the short-interest ratio is presently 0.2 days. Approximately 4.6% of the company’s shares are sold short.

Institutional Trading of GraniteShares 2x Long TSLA Daily ETF

Several large investors have recently modified their holdings of TSLR. Jane Street Group LLC bought a new position in GraniteShares 2x Long TSLA Daily ETF during the third quarter worth $537,000. Simplify Asset Management Inc. acquired a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter valued at about $818,000. Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter valued at about $65,000. Snowden Capital Advisors LLC boosted its position in shares of GraniteShares 2x Long TSLA Daily ETF by 57.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 35,006 shares of the company’s stock worth $1,514,000 after purchasing an additional 12,791 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of GraniteShares 2x Long TSLA Daily ETF by 474.3% in the 4th quarter. NewEdge Advisors LLC now owns 106,240 shares of the company’s stock valued at $4,595,000 after buying an additional 87,740 shares during the period.

GraniteShares 2x Long TSLA Daily ETF Stock Up 0.3 %

NASDAQ TSLR opened at $13.38 on Tuesday. The business has a 50 day simple moving average of $19.56 and a 200 day simple moving average of $29.06. GraniteShares 2x Long TSLA Daily ETF has a one year low of $7.45 and a one year high of $64.75.

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.