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

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 201,932 shares, a growth of 26.3% from the March 31st total of 159,886 shares. Approximately 28.0% of the shares of the stock are sold short. Based on an average daily volume of 81,853 shares, the days-to-cover ratio is currently 2.5 days.

GraniteShares 2x Long TSM Daily ETF Trading Up 1.1%

Shares of GraniteShares 2x Long TSM Daily ETF stock opened at $67.21 on Friday. The business’s 50-day moving average price is $57.25 and its 200-day moving average price is $50.15. GraniteShares 2x Long TSM Daily ETF has a 12 month low of $16.14 and a 12 month high of $73.93.

Hedge Funds Weigh In On GraniteShares 2x Long TSM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long TSM Daily ETF stock. Simplex Trading LLC grew 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 13F filing with the Securities and Exchange Commission. The fund owned 2,982 shares of the company’s stock after purchasing an additional 1,902 shares during the quarter. Simplex Trading LLC owned approximately 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 Company Profile

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.