TSDD - GraniteShares 2x Short TSLA Daily ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: NASDAQ Global Market Current Price & Safety Score Price: 6.04 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: -5.35 Company Description TSDD is a shortterm tactical tool that aims to deliver 2x the price return less fees and expenses for a single day of Tesla stock Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple Aside from the inverse leverage exposure compared to traditional ETFs the shares take on added volatility due to the lack of diversification Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction Due to the complexities of the product shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade However the shares provide the advantage of capping the maximum loss to the full amount invested Prior to January 22 2024 the fund traded under the name GraniteShares 15x Short TSLA Daily ETF