GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Get Free Report) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 18,900 shares, a decline of 45.8% from the February 28th total of 34,900 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 427,000 shares, the short-interest ratio is presently 0.0 days.
Institutional Trading of GraniteShares 1.25X Long TSLA Daily ETF
A hedge fund recently raised its stake in GraniteShares 1.25X Long TSLA Daily ETF stock. Jane Street Group LLC increased its holdings in shares of GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Free Report) by 8.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,904 shares of the company’s stock after buying an additional 2,299 shares during the quarter. Jane Street Group LLC owned 2.62% of GraniteShares 1.25X Long TSLA Daily ETF worth $324,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 51.48% of the company’s stock.
GraniteShares 1.25X Long TSLA Daily ETF Stock Down 4.5 %
NASDAQ:TSL opened at $10.31 on Friday. The business’s 50-day moving average price is $13.51 and its 200 day moving average price is $13.78. The firm has a market cap of $11.24 million, a P/E ratio of 7.21 and a beta of -4.33. GraniteShares 1.25X Long TSLA Daily ETF has a 52-week low of $5.13 and a 52-week high of $23.03.
About GraniteShares 1.25X Long TSLA Daily ETF
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.
Recommended Stories
- Five stocks we like better than GraniteShares 1.25X Long TSLA Daily ETF
- Learn Technical Analysis Skills to Master the Stock Market
- 4 Healthcare Stocks With Massive Gains—and More to Come
- Buy P&G Now, Before It Sets A New All-Time High
- Affirm Strikes Back: Can a New Deal Mitigate the Recent Loss?
- How to trade using analyst ratings
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
Receive News & Ratings for GraniteShares 1.25X Long TSLA Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 1.25X Long TSLA Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.