GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Up 2,069.7% in September

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 71,600 shares, an increase of 2,069.7% from the September 15th total of 3,300 shares. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is currently 1.0 days.

GraniteShares 2x Long TSM Daily ETF Trading Down 3.5%

Shares of TSMU stock opened at $44.73 on Friday. The company has a fifty day moving average price of $35.15 and a two-hundred day moving average price of $26.63. GraniteShares 2x Long TSM Daily ETF has a one year low of $10.30 and a one year high of $48.09.

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.