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 significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 3,535 shares, a growth of 29.8% from the January 15th total of 2,724 shares. Based on an average daily volume of 7,231 shares, the short-interest ratio is presently 0.5 days. Currently, 11.8% of the company’s stock are sold short. Currently, 11.8% of the company’s stock are sold short. Based on an average daily volume of 7,231 shares, the short-interest ratio is presently 0.5 days.

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

A hedge fund recently bought a new stake 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) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm 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 Price Performance

Shares of GraniteShares 2x Short MSTR Daily ETF stock opened at $75.71 on Wednesday. The business has a 50-day moving average price of $82.10 and a 200 day moving average price of $53.80. GraniteShares 2x Short MSTR Daily ETF has a fifty-two week low of $17.13 and a fifty-two week high of $156.71.

About GraniteShares 2x Short MSTR Daily ETF

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.