GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Trading Down 3.2% – What’s Next?

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDDGet Free Report)’s stock price were down 3.2% during mid-day trading on Tuesday . The stock traded as low as $10.14 and last traded at $10.28. Approximately 4,348,722 shares were traded during trading, a decline of 85% from the average session volume of 28,958,762 shares. The stock had previously closed at $10.62.

GraniteShares 2x Short TSLA Daily ETF Trading Up 1.0%

The business has a 50-day moving average of $8.53 and a 200-day moving average of $8.89.

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

Several institutional investors have recently made changes to their positions in the company. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Short TSLA Daily ETF in the 1st quarter valued at approximately $40,000. Optiver Holding B.V. lifted its stake in GraniteShares 2x Short TSLA Daily ETF by 7.6% in the first quarter. Optiver Holding B.V. now owns 24,203 shares of the company’s stock valued at $253,000 after acquiring an additional 1,713 shares during the last quarter. StoneX Group Inc. acquired a new stake in GraniteShares 2x Short TSLA Daily ETF in the fourth quarter valued at approximately $320,000. Jane Street Group LLC grew its position in GraniteShares 2x Short TSLA Daily ETF by 15.3% in the second quarter. Jane Street Group LLC now owns 16,371 shares of the company’s stock worth $375,000 after acquiring an additional 2,167 shares in the last quarter. Finally, XTX Topco Ltd bought a new stake in GraniteShares 2x Short TSLA Daily ETF in the fourth quarter worth approximately $389,000.

About GraniteShares 2x Short TSLA Daily ETF

(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.

Further Reading

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