GraniteShares 1.25x Long Tesla Daily ETF (TSLR)
NASDAQ (NMS) NASDAQ (NMS) Primary Summary
TSLR Chart
GraniteShares 2x Long TSLA Daily ETF (NASDAQ:TSLR) Short Interest Update
GraniteShares 2x Long TSLA Daily ETF (NASDAQ: TSLR - Get Free Report) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 1,623,060 shares, an increase of 50.2% from the February 12th total of 1,080,699 shares. Currently, 20.8% of the company's stock are short sold.
TSLR: A Way Of Speculating In Tesla
The Graniteshares 2x Long TSLA Daily ETF offers 2x daily exposure to Tesla's stock, ideal for short-term speculation. Leveraged ETFs, including this one, are not suitable for long-term holding due to value decay from daily resets and derivative time value loss. As long as we use an instrument for its intended use we will avoid category errors.
TSLR: Buy For Big Gains If You Can Tolerate The Risk
TSLR offers 2x daily leveraged exposure to Tesla, making it suitable for risk-tolerant swing traders seeking amplified short-term gains. We are bullish on Tesla due to Elon Musk's renewed focus, progress in robotaxi deployment, and significant AI investments fueling future growth. Leveraged ETFs like TSLR carry heightened risk, with losses harder to recoup and volatility potentially eroding returns over time.
GraniteShares 1.25x Long Tesla Daily ETF (TSLR) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has GraniteShares 1.25x Long Tesla Daily ETF ever had a stock split?
GraniteShares 1.25x Long Tesla Daily ETF Profile
| NASDAQ (NMS) Exchange | US Country |
Overview
This fund operates as an actively managed exchange-traded fund (ETF), which aims to deliver twice (200%) the daily percentage change of its underlying stock. To achieve this, the fund engages in a swap agreement related to the underlying stock. Essentially, the advisor's goal is to produce two times the daily returns of the underlying stock for every single day. This type of financial instrument falls into the category of leveraged ETFs, specifically designed to amplify the daily returns of the underlying asset, making it an attractive option for investors seeking short-term gains through high risk and high reward mechanisms.
Products and Services
- Leveraged ETF Management
- Swap Agreement Execution
This service involves the active management of a leveraged exchange-traded fund that seeks to double the daily performance of its underlying stock through swap agreements. It's particularly tailored for investors looking for exposure to specific stock movements with amplified outcomes, acknowledging the increased level of risk and the potential for significant returns or losses within very short periods.
A key component of the fund's strategy is its reliance on swap agreements to achieve its investment objective. These agreements allow the fund to gain exposure to the underlying stock's performance without directly owning it, aiming for higher returns by leveraging these positions. This service is essential for the fund's operation, providing a mechanism to potentially double the daily performance of the underlying asset.
