GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Shares Down 1% – Here’s What Happened

GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLRGet Free Report) traded down 1% on Thursday . The company traded as low as $12.90 and last traded at $13.23. Approximately 958,523 shares traded hands during mid-day trading, a decline of 48% from the average session volume of 1,827,044 shares. The stock had previously closed at $13.37.

GraniteShares 2x Long TSLA Daily ETF Stock Performance

The firm has a 50 day moving average of $19.83 and a 200-day moving average of $22.76.

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

Several hedge funds have recently modified their holdings of TSLR. TRUE Private Wealth Advisors purchased a new position in GraniteShares 2x Long TSLA Daily ETF during the third quarter valued at $250,000. Jump Financial LLC purchased a new stake in GraniteShares 2x Long TSLA Daily ETF in the 2nd quarter worth $223,000. Wolverine Trading LLC bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter valued at about $408,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the 3rd quarter valued at about $500,000. Finally, IMC Chicago LLC purchased a new position in shares of GraniteShares 2x Long TSLA Daily ETF during the first quarter valued at about $408,000.

About GraniteShares 2x Long TSLA Daily ETF

(Get Free Report)

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.

Further Reading

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