GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Short Interest Up 42.8% in June

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totalling 102,100 shares, a growth of 42.8% from the June 15th total of 71,500 shares. Based on an average daily volume of 559,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of GraniteShares 2x Short TSLA Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Short TSLA Daily ETF stock. ST Germain D J Co. Inc. purchased a new stake in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,000 shares of the company’s stock, valued at approximately $125,000. ST Germain D J Co. Inc. owned 6.25% of GraniteShares 2x Short TSLA Daily ETF at the end of the most recent quarter.

GraniteShares 2x Short TSLA Daily ETF Trading Down 6.0 %

GraniteShares 2x Short TSLA Daily ETF stock opened at $8.98 on Monday. The stock has a 50-day simple moving average of $17.48 and a 200 day simple moving average of $21.21. GraniteShares 2x Short TSLA Daily ETF has a 52 week low of $7.74 and a 52 week high of $38.44.

About GraniteShares 2x Short TSLA Daily ETF

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.