GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Short Interest Down 63.7% in March

Posted by Joseph Casey on Mar 28th, 2025

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 211,000 shares, a drop of 63.7% from the February 28th total of 581,200 shares. Currently, 4.1% of the shares of the stock are sold short. Based on an average daily volume of 2,212,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of GraniteShares 2x Long TSLA Daily ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter valued at about $537,000. SBI Securities Co. Ltd. bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter valued at approximately $25,000. Hollencrest Capital Management bought a new position in GraniteShares 2x Long TSLA Daily ETF in the 4th quarter valued at $65,000. Simplify Asset Management Inc. purchased a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the fourth quarter worth approximately $818,000. Finally, NewEdge Advisors LLC raised its stake in shares of GraniteShares 2x Long TSLA Daily ETF by 474.3% during the fourth quarter. NewEdge Advisors LLC now owns 106,240 shares of the company’s stock valued at $4,595,000 after acquiring an additional 87,740 shares in the last quarter.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

Shares of NASDAQ TSLR opened at $16.92 on Friday. GraniteShares 2x Long TSLA Daily ETF has a 12-month low of $7.45 and a 12-month high of $64.75. The firm’s 50-day moving average price is $27.37 and its 200-day moving average price is $29.34.

GraniteShares 2x Long TSLA Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.