AdvisorShares MSOX 2X Daily ETF Sees Unusually High Options Volume (NYSEARCA:MSOX)

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) was the target of some unusual options trading on Thursday. Stock investors acquired 5,465 call options on the company. This is an increase of 228% compared to the average volume of 1,667 call options.

Institutional Trading of AdvisorShares MSOX 2X Daily ETF

Several large investors have recently modified their holdings of MSOX. Pacific Excel Wealth Advisors Inc. bought a new position in AdvisorShares MSOX 2X Daily ETF in the 2nd quarter worth $111,000. StoneX Group Inc. bought a new stake in AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at about $46,000. IMC Chicago LLC bought a new stake in AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at about $576,000. SG Americas Securities LLC bought a new stake in AdvisorShares MSOX 2X Daily ETF during the fourth quarter valued at about $46,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in shares of AdvisorShares MSOX 2X Daily ETF in the third quarter valued at about $31,000.

AdvisorShares MSOX 2X Daily ETF Stock Up 3.9%

AdvisorShares MSOX 2X Daily ETF stock traded up $0.10 during trading hours on Thursday, reaching $2.68. 278,651 shares of the company were exchanged, compared to its average volume of 2,253,236. The stock has a 50-day moving average of $2.82 and a 200 day moving average of $2.91. AdvisorShares MSOX 2X Daily ETF has a 12 month low of $1.65 and a 12 month high of $13.15.

AdvisorShares MSOX 2X Daily ETF Company Profile

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.