StoneX Group Inc. Makes New Investment in GraniteShares 2x Short TSLA Daily ETF $TSDD

StoneX Group Inc. bought a new stake in GraniteShares 2x Short TSLA Daily ETF (NASDAQ:TSDD) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 94,997 shares of the company’s stock, valued at approximately $772,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of TSDD. Optiver Holding B.V. increased its holdings in GraniteShares 2x Short TSLA Daily ETF by 7.6% during the 1st quarter. Optiver Holding B.V. now owns 24,203 shares of the company’s stock worth $253,000 after purchasing an additional 1,713 shares during the period. Group One Trading LLC acquired a new stake in GraniteShares 2x Short TSLA Daily ETF in the 1st quarter valued at about $40,000. Finally, IMC Chicago LLC raised its position in GraniteShares 2x Short TSLA Daily ETF by 58.4% in the 1st quarter. IMC Chicago LLC now owns 126,083 shares of the company’s stock valued at $1,316,000 after purchasing an additional 46,502 shares in the last quarter.

GraniteShares 2x Short TSLA Daily ETF Trading Down 1.1%

Shares of TSDD opened at $6.50 on Wednesday. The stock has a 50-day simple moving average of $7.31 and a 200-day simple moving average of $8.56. GraniteShares 2x Short TSLA Daily ETF has a 1 year low of $5.73 and a 1 year high of $12.55.

GraniteShares 2x Short TSLA Daily ETF Company Profile

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.