GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 22,910 shares, a decline of 63.7% from the August 15th total of 63,057 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average trading volume of 205,123 shares, the short-interest ratio is presently 0.1 days.
GraniteShares 2x Long MARA Daily ETF Stock Down 8.3%
Shares of NASDAQ MRAL traded down $3.52 during mid-day trading on Monday, reaching $38.69. 133,316 shares of the company were exchanged, compared to its average volume of 141,541. GraniteShares 2x Long MARA Daily ETF has a 1 year low of $22.14 and a 1 year high of $366.30. The firm has a 50-day moving average of $41.83 and a 200 day moving average of $50.12. The stock has a market cap of $39.08 million, a price-to-earnings ratio of -322.42 and a beta of 7.95.
Institutional Investors Weigh In On GraniteShares 2x Long MARA Daily ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long MARA Daily ETF during the first quarter worth $172,000. Optiver Holding B.V. boosted its position in shares of GraniteShares 2x Long MARA Daily ETF by 128.4% in the 1st quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock worth $202,000 after purchasing an additional 39,586 shares in the last quarter. Finally, Sara Bay Financial grew its stake in GraniteShares 2x Long MARA Daily ETF by 30.5% during the 1st quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock worth $500,000 after buying an additional 40,783 shares during the last quarter. Hedge funds and other institutional investors own 0.42% of the company’s stock.
GraniteShares 2x Long MARA Daily ETF Company Profile
GraniteShares 2x Long MARA Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of MARA holdings Inc
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