Shares of GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $15.01 and traded as low as $14.16. GraniteShares 1.25X Long TSLA Daily ETF shares last traded at $14.59, with a volume of 242,475 shares trading hands.
GraniteShares 1.25X Long TSLA Daily ETF Price Performance
The company has a market cap of $10.48 million, a price-to-earnings ratio of 9.28 and a beta of 1.93. The company’s 50-day simple moving average is $14.04 and its 200-day simple moving average is $14.96.
Institutional Investors Weigh In On GraniteShares 1.25X Long TSLA Daily ETF
An institutional investor recently raised its stake in GraniteShares 1.25X Long TSLA Daily ETF stock. Optiver Holding B.V. grew its position in shares of GraniteShares 1.25X Long TSLA Daily ETF (NASDAQ:TSL – Free Report) by 22.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,774 shares of the company’s stock after acquiring an additional 2,892 shares during the quarter. Optiver Holding B.V. owned about 2.22% of GraniteShares 1.25X Long TSLA Daily ETF worth $229,000 as of its most recent filing with the SEC. 51.48% of the stock is currently owned by institutional investors.
GraniteShares 1.25X Long TSLA Daily ETF Company Profile
The GraniteShares 1.25x Long TSLA Daily ETF (TSL) is an exchange-traded fund that is based on the Tesla, Inc index. The fund provides 1.25x leveraged exposure, less fees and expenses, to the daily price movement for shares of Tesla stock. TSL was launched on Aug 9, 2022 and is managed by GraniteShares.
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