GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Short Interest Down 40.0% in January

Posted by Lauren Steadman on Jan 31st, 2025

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

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

Hedge funds have recently made changes to their positions in the company. GEM Asset Management LLC purchased a new position in GraniteShares 2x Short TSLA Daily ETF in the third quarter worth approximately $378,000. Jane Street Group LLC grew its holdings in shares of GraniteShares 2x Short TSLA Daily ETF by 61.3% during the 3rd quarter. Jane Street Group LLC now owns 72,399 shares of the company’s stock worth $476,000 after purchasing an additional 27,519 shares during the period. SG Americas Securities LLC acquired a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth about $504,000. Finally, IMC Chicago LLC acquired a new stake in shares of GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth about $557,000.

GraniteShares 2x Short TSLA Daily ETF Trading Down 2.0 %

Shares of TSDD stock traded down $0.65 on Friday, hitting $31.37. 1,266,525 shares of the stock traded hands, compared to its average volume of 905,568. GraniteShares 2x Short TSLA Daily ETF has a twelve month low of $24.20 and a twelve month high of $768.80. The firm’s 50-day moving average price is $35.39 and its two-hundred day moving average price is $120.47.

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.