GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Short Interest Update

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 3,198 shares, a decline of 61.7% from the December 15th total of 8,339 shares. Currently, 10.7% of the company’s shares are sold short. Based on an average daily volume of 1,558 shares, the short-interest ratio is currently 2.1 days. Based on an average daily volume of 1,558 shares, the short-interest ratio is currently 2.1 days. Currently, 10.7% of the company’s shares are sold short.

GraniteShares 2x Short MSTR Daily ETF Trading Down 7.6%

Shares of MSDD traded down $5.23 during trading hours on Wednesday, hitting $63.87. 5,847 shares of the stock were exchanged, compared to its average volume of 3,916. GraniteShares 2x Short MSTR Daily ETF has a fifty-two week low of $17.13 and a fifty-two week high of $93.37. The business has a 50-day moving average of $73.13 and a 200-day moving average of $43.07.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 17,016 shares of the company’s stock, valued at approximately $492,000. Optiver Holding B.V. owned 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.