GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Stock Price Down 0.1% – Here’s What Happened

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR)’s stock price traded down 0.1% during mid-day trading on Thursday . The company traded as low as $19.20 and last traded at $19.56. Approximately 2,166,220 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 1,947,813 shares. The stock had previously closed at $19.58.

GraniteShares 2x Long TSLA Daily ETF Trading Up 2.1%

The stock has a 50-day moving average price of $23.62 and a 200 day moving average price of $25.94.

Institutional Trading of GraniteShares 2x Long TSLA Daily ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in TSLR. Jump Financial LLC acquired a new stake in GraniteShares 2x Long TSLA Daily ETF in the 2nd quarter valued at $223,000. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter worth about $500,000. Wolverine Trading LLC acquired a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter worth about $408,000. TRUE Private Wealth Advisors bought a new stake in shares of GraniteShares 2x Long TSLA Daily ETF in the 3rd quarter valued at about $250,000. Finally, Woodward Diversified Capital LLC bought a new stake in shares of GraniteShares 2x Long TSLA Daily ETF in the 4th quarter valued at about $211,000.

GraniteShares 2x Long TSLA Daily ETF Company Profile

The GraniteShares 2x Long TSLA Daily ETF (TSLR) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSLR was launched on Aug 21, 2023 and is issued by GraniteShares.