Short Interest in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Decreases By 60.4%

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 545,866 shares, a decline of 60.4% from the December 15th total of 1,377,627 shares. Based on an average daily trading volume, of 23,801,832 shares, the days-to-cover ratio is presently 0.0 days. Currently, 7.3% of the company’s stock are sold short. Currently, 7.3% of the company’s stock are sold short. Based on an average daily trading volume, of 23,801,832 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Several hedge funds and other institutional investors have recently modified their holdings of TSDD. Optiver Holding B.V. boosted its position in GraniteShares 2x Short TSLA Daily ETF by 173.1% during the third quarter. Optiver Holding B.V. now owns 19,286 shares of the company’s stock valued at $194,000 after purchasing an additional 12,224 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of GraniteShares 2x Short TSLA Daily ETF by 15.3% during the 2nd quarter. Jane Street Group LLC now owns 16,371 shares of the company’s stock valued at $375,000 after buying an additional 2,167 shares during the last quarter. Jump Financial LLC bought a new stake in shares of GraniteShares 2x Short TSLA Daily ETF in the 2nd quarter valued at approximately $495,000. StoneX Group Inc. acquired a new position in GraniteShares 2x Short TSLA Daily ETF in the second quarter worth approximately $427,000. Finally, SBI Securities Co. Ltd. increased its holdings in GraniteShares 2x Short TSLA Daily ETF by 357.2% in the second quarter. SBI Securities Co. Ltd. now owns 2,492 shares of the company’s stock worth $57,000 after buying an additional 1,947 shares during the last quarter.

GraniteShares 2x Short TSLA Daily ETF Trading Up 0.4%

NASDAQ TSDD traded up $0.03 during trading on Friday, reaching $8.07. 23,609,076 shares of the company’s stock were exchanged, compared to its average volume of 28,012,148. GraniteShares 2x Short TSLA Daily ETF has a fifty-two week low of $6.87 and a fifty-two week high of $91.68. The company’s fifty day simple moving average is $8.75 and its 200-day simple moving average is $13.56.

GraniteShares 2x Short TSLA Daily ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were given a $0.651 dividend. The ex-dividend date was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 96.8%.

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.