(TSLR) GraniteShares 1.75x Long - Ratings and Ratios

The GraniteShares 1.75x Long TSLA Daily ETF (NASDAQ: TSLR) is an actively managed exchange-traded fund designed to provide 1.75 times the daily percentage change of Tesla, Inc. (TSLA). The fund achieves this exposure through swap agreements, aiming to deliver amplified returns for a single trading day. As a non-diversified ETF, it concentrates its holdings, which can result in higher volatility compared to diversified funds.

From a technical standpoint, TSLR currently trades at $18.13, with a 20-day average volume of 2,135,166 shares. The funds short-term trend, as indicated by its SMA 20 of $28.47, suggests a recent decline in price. The SMA 50 of $38.25 and SMA 200 of $24.48 further highlight the broader downtrend. The Average True Range (ATR) of 3.87 indicates moderate volatility, with price swings potentially exceeding this range during periods of high market stress.

Fundamentally, TSLR has assets under management (AUM) of $160.69 million, reflecting investor interest in leveraged Tesla exposure. The funds expense ratio, while not explicitly stated, is typically higher for leveraged ETFs due to the complexity of maintaining daily returns. TSLR is primarily utilized by traders seeking short-term amplified exposure to Teslas stock movements, rather than as a long-term investment vehicle.