GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Short Interest Declines 35.8%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 7,157 shares, a decline of 35.8% from the September 30th total of 11,154 shares. Based on an average trading volume of 45,921 shares, the short-interest ratio is currently 0.2 days. Approximately 1.1% of the shares of the stock are short sold.

GraniteShares 2x Long MSTR Daily ETF Price Performance

NASDAQ MSTP opened at $19.08 on Monday. The company’s 50-day simple moving average is $25.26 and its 200 day simple moving average is $30.97. GraniteShares 2x Long MSTR Daily ETF has a twelve month low of $10.13 and a twelve month high of $200.40.

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

An institutional investor recently raised its position in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. lifted its stake in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) by 1,553.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 523,444 shares of the company’s stock after buying an additional 491,782 shares during the period. 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 reporting period.

About GraniteShares 2x Long MSTR Daily ETF

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.