Short Interest in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Grows By 453.1%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 23,401 shares, a growth of 453.1% from the May 31st total of 4,231 shares. Currently, 10.6% of the company’s shares are sold short. Based on an average daily trading volume, of 41,685 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of GraniteShares 2x Long MSTR Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. purchased a new stake in shares of GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,073 shares of the company’s stock, valued at approximately $177,000. Optiver Holding B.V. owned 4.83% of GraniteShares 2x Long MSTR Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long MSTR Daily ETF Price Performance

Shares of GraniteShares 2x Long MSTR Daily ETF stock opened at $11.13 on Friday. The company’s fifty day simple moving average is $39.53 and its two-hundred day simple moving average is $44.38. GraniteShares 2x Long MSTR Daily ETF has a 12-month low of $11.00 and a 12-month high of $644.60.

GraniteShares 2x Long MSTR Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long MSTR 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 information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.