GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Sees Large Increase in Short Interest

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 5,339 shares, an increase of 23.1% from the February 12th total of 4,337 shares. Approximately 17.8% of the shares of the stock are short sold. Based on an average trading volume of 5,422 shares, the short-interest ratio is presently 1.0 days. Based on an average trading volume of 5,422 shares, the short-interest ratio is presently 1.0 days. Approximately 17.8% of the shares of the stock are short sold.

GraniteShares 2x Short MSTR Daily ETF Stock Down 3.9%

Shares of MSDD stock opened at $56.96 on Monday. The stock has a fifty day moving average price of $75.96 and a 200 day moving average price of $59.06. GraniteShares 2x Short MSTR Daily ETF has a 1 year low of $17.13 and a 1 year high of $156.71.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. acquired a new position in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,016 shares of the company’s stock, valued at approximately $492,000. Optiver Holding B.V. owned about 56.72% of GraniteShares 2x Short MSTR Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Short MSTR Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Short 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 and software. 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. GraniteShares ETF Trust – GraniteShares 2x Short MSTR Daily ETF is domiciled in the United States.