GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Short Interest Jumps 123.8%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 11,154 shares, a growth of 123.8% from the September 15th total of 4,983 shares. Based on an average daily volume of 47,984 shares, the short-interest ratio is currently 0.2 days. Approximately 1.9% of the company’s shares are short sold.

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

A hedge fund recently raised its position in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) by 1,553.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 523,444 shares of the company’s stock after acquiring an additional 491,782 shares during the quarter. Optiver Holding B.V. owned about 237.93% of GraniteShares 2x Long MSTR Daily ETF worth $756,000 at the end of the most recent quarter.

GraniteShares 2x Long MSTR Daily ETF Stock Down 11.6%

NASDAQ:MSTP traded down $3.16 during trading hours on Wednesday, hitting $24.15. 79,058 shares of the stock were exchanged, compared to its average volume of 70,985. The company’s 50 day moving average is $23.14 and its two-hundred day moving average is $27.46. GraniteShares 2x Long MSTR Daily ETF has a twelve month low of $10.13 and a twelve month high of $258.80.

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.