GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL) Shares Shorted: Short Interest Down 80.5% in October

GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Get Free Report) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 5,612 shares, a decrease of 80.5% from the October 15th total of 28,774 shares. Based on an average trading volume of 208,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.8% of the shares of the company are short sold.

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

A hedge fund recently raised its position in GraniteShares 1.25X Long TSLA Daily ETF stock. Optiver Holding B.V. boosted its position in shares of GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Free Report) by 22.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,774 shares of the company’s stock after purchasing an additional 2,892 shares during the period. Optiver Holding B.V. owned approximately 2.22% of GraniteShares 1.25X Long TSLA Daily ETF worth $229,000 at the end of the most recent reporting period. 51.48% of the stock is owned by hedge funds and other institutional investors.

GraniteShares 1.25X Long TSLA Daily ETF Stock Up 0.9%

Shares of GraniteShares 1.25X Long TSLA Daily ETF stock traded up $0.14 during trading on Thursday, reaching $14.94. The company’s stock had a trading volume of 115,000 shares, compared to its average volume of 810,516. GraniteShares 1.25X Long TSLA Daily ETF has a 12-month low of $10.73 and a 12-month high of $21.31. The company has a market capitalization of $10.91 million, a P/E ratio of 10.45 and a beta of 1.93. The business has a 50 day moving average price of $14.10 and a 200-day moving average price of $14.91.

GraniteShares 1.25X Long TSLA Daily ETF Company Profile

(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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