GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Stock Break Above Two Hundred Day Moving Average – Time to Sell?

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $65.52 and traded as high as $67.45. GraniteShares 2x Long TSM Daily ETF shares last traded at $66.31, with a volume of 43,755 shares changing hands.

GraniteShares 2x Long TSM Daily ETF Price Performance

The stock has a 50-day moving average of $71.22 and a 200-day moving average of $65.83.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Group One Trading LLC lifted its holdings in GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU – Free Report) by 70.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,145 shares of the company’s stock after purchasing an additional 473 shares during the quarter. Group One Trading LLC owned 0.17% of GraniteShares 2x Long TSM Daily ETF worth $58,000 as of its most recent SEC filing.

About GraniteShares 2x Long TSM Daily ETF

(Get Free Report)

The GraniteShares 2x Long TSM Daily ETF (TSMU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing Co Ltd (ticker: TSM) stock. TSMU was launched on Nov 11, 2024 and is issued by GraniteShares.

Further Reading

Receive News & Ratings for GraniteShares 2x Long TSM Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long TSM Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.