GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Short Interest Update

Posted by Linda Flegge on Jan 16th, 2025

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD – Get Free Report) saw a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 743,900 shares, a drop of 40.0% from the December 15th total of 1,240,000 shares. Based on an average daily volume of 17,353,400 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On GraniteShares 2x Short TSLA Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Short TSLA Daily ETF stock. Jane Street Group LLC grew its position in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD – Free Report) by 61.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,399 shares of the company’s stock after acquiring an additional 27,519 shares during the quarter. Jane Street Group LLC owned 1.22% of GraniteShares 2x Short TSLA Daily ETF worth $476,000 as of its most recent SEC filing.

GraniteShares 2x Short TSLA Daily ETF Stock Performance

Shares of NASDAQ:TSDD traded up $1.97 on Thursday, hitting $30.25. 357,929 shares of the company were exchanged, compared to its average volume of 1,011,863. The company’s 50 day moving average price is $41.46 and its two-hundred day moving average price is $132.38. GraniteShares 2x Short TSLA Daily ETF has a one year low of $24.20 and a one year high of $768.80.

GraniteShares 2x Short TSLA Daily ETF Company Profile

(Get Free Report)

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.