GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Short Interest Update

GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 94,595 shares, a decline of 53.9% from the July 15th total of 205,302 shares. Based on an average daily trading volume, of 254,422 shares, the short-interest ratio is presently 0.4 days. Currently, 5.5% of the shares of the company are sold short.

GraniteShares 2x Long VRT Daily ETF Trading Up 4.9%

Shares of NASDAQ VRTL opened at $36.09 on Friday. GraniteShares 2x Long VRT Daily ETF has a 52 week low of $10.35 and a 52 week high of $73.00. The business’s 50 day moving average price is $40.59 and its 200 day moving average price is $41.69.

Institutional Investors Weigh In On GraniteShares 2x Long VRT Daily ETF

A number of institutional investors have recently modified their holdings of the business. Group One Trading LLC increased its stake in shares of GraniteShares 2x Long VRT Daily ETF by 404.9% during the first quarter. Group One Trading LLC now owns 308 shares of the company’s stock worth $31,000 after purchasing an additional 247 shares in the last quarter. Hollencrest Capital Management acquired a new stake in GraniteShares 2x Long VRT Daily ETF in the 4th quarter worth about $50,000. Finally, Optiver Holding B.V. increased its stake in GraniteShares 2x Long VRT Daily ETF by 103.7% during the 1st quarter. Optiver Holding B.V. now owns 9,116 shares of the company’s stock worth $924,000 after buying an additional 4,640 shares in the last quarter.

GraniteShares 2x Long VRT Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.