GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) Short Interest Update

GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 144,314 shares, a decrease of 40.5% from the January 15th total of 242,660 shares. Based on an average daily trading volume, of 333,181 shares, the short-interest ratio is presently 0.4 days. Approximately 7.9% of the shares of the stock are short sold. Approximately 7.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 333,181 shares, the short-interest ratio is presently 0.4 days.

GraniteShares 2x Long LCID Daily ETF Price Performance

LCDL stock traded up $0.18 during trading on Friday, hitting $2.77. The company had a trading volume of 235,322 shares, compared to its average volume of 304,401. The company has a fifty day moving average price of $3.56 and a two-hundred day moving average price of $9.68. GraniteShares 2x Long LCID Daily ETF has a fifty-two week low of $2.45 and a fifty-two week high of $41.67.

About GraniteShares 2x Long LCID Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Long LCID Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.