Short Interest in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) Declines By 32.5%

Posted by Trent Williams on Mar 17th, 2025

GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD – Get Free Report) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 78,000 shares, a decline of 32.5% from the February 13th total of 115,500 shares. Based on an average daily volume of 1,212,000 shares, the short-interest ratio is presently 0.1 days. Approximately 5.7% of the shares of the company are sold short.

GraniteShares 2x Short TSLA Daily ETF Trading Down 7.7 %

TSDD opened at $67.66 on Monday. GraniteShares 2x Short TSLA Daily ETF has a one year low of $24.20 and a one year high of $768.80. The business’s 50-day simple moving average is $43.71 and its 200-day simple moving average is $83.88.

Hedge Funds Weigh In On GraniteShares 2x Short TSLA Daily ETF

Several institutional investors have recently added to or reduced their stakes in TSDD. Two Sigma Securities LLC increased its position in GraniteShares 2x Short TSLA Daily ETF by 316.6% in the 4th quarter. Two Sigma Securities LLC now owns 53,639 shares of the company’s stock valued at $90,000 after acquiring an additional 40,763 shares during the period. SBI Securities Co. Ltd. acquired a new position in GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth approximately $141,000. IHT Wealth Management LLC acquired a new position in GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth approximately $252,000. Jane Street Group LLC increased its position in GraniteShares 2x Short TSLA Daily ETF by 61.3% during the 3rd quarter. Jane Street Group LLC now owns 72,399 shares of the company’s stock worth $476,000 after purchasing an additional 27,519 shares during the period. Finally, Prosperity Wealth Management Inc. acquired a new position in GraniteShares 2x Short TSLA Daily ETF during the 4th quarter worth approximately $491,000.

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.