GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Update

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 101,679 shares, a decrease of 54.5% from the July 15th total of 223,671 shares. Based on an average daily trading volume, of 101,421 shares, the days-to-cover ratio is currently 1.0 days. Currently, 10.7% of the company’s shares are short sold.

Institutional Trading of GraniteShares 2x Long TSM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC increased its position in shares of GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) by 176.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,982 shares of the company’s stock after acquiring an additional 1,902 shares during the quarter. Simplex Trading LLC owned about 0.45% of GraniteShares 2x Long TSM Daily ETF worth $131,000 as of its most recent SEC filing.

GraniteShares 2x Long TSM Daily ETF Stock Performance

Shares of TSMU opened at $70.15 on Friday. GraniteShares 2x Long TSM Daily ETF has a 1 year low of $25.97 and a 1 year high of $93.29. The stock’s 50-day moving average price is $72.53 and its two-hundred day moving average price is $65.01.

About GraniteShares 2x Long TSM Daily ETF

The GraniteShares 2x Long TSM Daily ETF (TSMU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Taiwan Semiconductor Manufacturing Co Ltd (ticker: TSM) stock. TSMU was launched on Nov 11, 2024 and is issued by GraniteShares.