Graniteshares 2x Short TSLA Daily ETF (TSDD)Trading--Inverse Equity | Exchange Traded Fund | NasdaqGM
8.80 USD
+0.28
(3.286%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 8.84 +0.04 (0.455%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:32 a.m. EDT
This instrument is a leveraged short ETF tracking Tesla, and the data confirms a brutal, multi-year structural decline that has erased over 96% of its value in just two years. While the recent price action shows a slight bounce off the lows, the underlying asset (TSLA) has suffered two consecutive years of massive losses, making this a 'value trap' in disguise rather than a bargain. The 5.7% dividend yield is misleading; it is likely a result of the fund's mechanics or past distributions on a shrinking base, not a sign of healthy cash flow from the underlying business. The options market is screaming 'down,' with traders buying heavy protection while call buyers are virtually absent. Statistically, the forecast model is useless here due to extreme volatility, but the fundamental reality is stark: holding a 2x short position on a stock that has already crashed 90%+ is a high-risk gamble on a continued decline that may never materialize. Avoid this for long-term exposure; it is a speculative tool for short-term hedging only. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.137684 |
| AutoETS | 0.138398 |
| AutoARIMA | 0.138398 |
| AutoTheta | 0.154750 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 0.19 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.347 |
| Excess Kurtosis | -1.03 |
As of Aug. 22, 2026, 5:32 a.m. EDT: Speculators are aggressively positioning for further downside in the near term, evidenced by massive volume in out-of-the-money puts (98 contracts vs 30 open interest) compared to negligible call activity. The call side shows some defensive positioning with high open interest at strikes significantly above the current price, suggesting a hedge against a rebound, but the overwhelming flow is bearish.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 8.81% | 8.81% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 0.651 | 8.809202 |
| 2023-12-27 | 77.340 | 26.716871 |
| Attribute | Value |
|---|---|
| All Time High | 768.8 |
| All Time Low | 6.57 |
| Ask | 10.7 |
| Ask Size | 1 |
| Average Daily Volume10 Day | 4,848,000 |
| Average Daily Volume3 Month | 18,127,825 |
| Average Volume | 18,127,825 |
| Average Volume10Days | 4,848,000 |
| Beta3 Year | 0.0 |
| Bid | 10.55 |
| Bid Size | 1 |
| Category | Trading--Inverse Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 8.9699 |
| Day Low | 8.32 |
| Dividend Yield | 5.7 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.0405 |
| Fifty Day Average Change | -0.2404995 |
| Fifty Day Average Change Percent | -0.026602456 |
| Fifty Two Week Change Percent | -55.92344 |
| Fifty Two Week High | 19.745 |
| Fifty Two Week High Change | -10.945001 |
| Fifty Two Week High Change Percent | -0.55431753 |
| Fifty Two Week Low | 6.57 |
| Fifty Two Week Low Change | 2.23 |
| Fifty Two Week Low Change Percent | 0.3394216 |
| Fifty Two Week Range | 6.57 - 19.745 |
| First Trade Date Milliseconds | 1,693,229,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.28 |
| Fullday Change Percent | 3.28638 |
| Fullday Price | 8.84 |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,692,576,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,023-08-22 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund that attempts to replicate 2x the inverse (-200%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately -200% of the fund’s net asset value. It is non-diversified. |
| Long Name | Graniteshares 2x Short TSLA Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1847925828 |
| Nav Price | 8.97 |
| Net Assets | 32,889,780.0 |
| Net Expense Ratio | 0.95 |
| Open | 8.39 |
| Post Market Change | 0.03999996 |
| Post Market Change Percent | 0.45454502 |
| Post Market Price | 8.84 |
| Post Market Time | 1,787,961,542 |
| Previous Close | 8.52 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.28 |
| Regular Market Change Percent | 3.28638 |
| Regular Market Day High | 8.9699 |
| Regular Market Day Low | 8.32 |
| Regular Market Day Range | 8.32 - 8.9699 |
| Regular Market Open | 8.39 |
| Regular Market Previous Close | 8.52 |
| Regular Market Price | 8.8 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 5,306,883 |
| Short Name | GraniteShares 2x Short TSLA Dai |
| Source Interval | 15 |
| Symbol | TSDD |
| Three Year Average Return | -0.7135892 |
| Total Assets | 32,889,780 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 20.21053 |
| Trailing Three Month Returns | 20.21053 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.914125 |
| Two Hundred Day Average Change | -0.11412525 |
| Two Hundred Day Average Change Percent | -0.012802742 |
| Type Disp | ETF |
| Volume | 5,306,883 |
| Yield | 0.056999996 |
| Ytd Return | 47.92746 |