GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) Short Interest Up 33.8% in December

GraniteShares 2x Long TSM Daily ETF (NASDAQ:TSMU) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totaling 32,744 shares, a growth of 33.8% from the December 15th total of 24,468 shares. Approximately 5.4% of the shares of the company are sold short. Based on an average trading volume of 39,776 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 39,776 shares, the days-to-cover ratio is presently 0.8 days. Approximately 5.4% of the shares of the company are sold short.

GraniteShares 2x Long TSM Daily ETF Stock Performance

Shares of GraniteShares 2x Long TSM Daily ETF stock traded up $0.14 during trading on Friday, reaching $54.93. The company’s stock had a trading volume of 107,251 shares, compared to its average volume of 122,177. The company has a 50-day moving average price of $43.12 and a two-hundred day moving average price of $37.82. GraniteShares 2x Long TSM Daily ETF has a fifty-two week low of $10.30 and a fifty-two week high of $57.70.

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.