Short Interest in GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL) Rises By 178.4%

GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSLGet Free Report) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 67,100 shares, a growth of 178.4% from the October 31st total of 24,100 shares. Based on an average trading volume of 421,900 shares, the short-interest ratio is currently 0.2 days.

GraniteShares 1.25X Long TSLA Daily ETF Stock Up 4.7 %

Shares of GraniteShares 1.25X Long TSLA Daily ETF stock traded up $0.67 on Friday, reaching $15.01. 129,399 shares of the stock were exchanged, compared to its average volume of 349,455. GraniteShares 1.25X Long TSLA Daily ETF has a twelve month low of $5.13 and a twelve month high of $18.43. The firm has a market capitalization of $17.11 million, a price-to-earnings ratio of 10.50 and a beta of -4.33. The business has a 50 day moving average price of $11.44 and a two-hundred day moving average price of $9.42.

Institutional Investors Weigh In On GraniteShares 1.25X Long TSLA Daily ETF

A hedge fund recently raised its stake in GraniteShares 1.25X Long TSLA Daily ETF stock. Jane Street Group LLC increased its position in shares of GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSLFree Report) by 8.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,904 shares of the company’s stock after purchasing an additional 2,299 shares during the quarter. Jane Street Group LLC owned 2.62% of GraniteShares 1.25X Long TSLA Daily ETF worth $324,000 as of its most recent SEC filing. 51.48% of the stock is currently owned by institutional investors and hedge funds.

About GraniteShares 1.25X Long TSLA Daily ETF

(Get Free Report)

The GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.25x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSL was launched on Aug 9, 2022 and is managed by GraniteShares.

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