GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Sees Large Decrease in Short Interest

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTPGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 11,071 shares, a decrease of 88.5% from the April 30th total of 96,119 shares. Currently, 5.0% of the company’s shares are short sold. Based on an average daily volume of 46,110 shares, the short-interest ratio is currently 0.2 days.

GraniteShares 2x Long MSTR Daily ETF Trading Down 8.3%

Shares of NASDAQ MSTP traded down $3.28 during mid-day trading on Thursday, reaching $36.30. The company had a trading volume of 30,027 shares, compared to its average volume of 76,225. The business’s 50-day moving average is $42.60 and its 200-day moving average is $54.97. GraniteShares 2x Long MSTR Daily ETF has a 52 week low of $23.00 and a 52 week high of $644.60.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 2x Long MSTR Daily ETF stock. StoneX Group Inc. bought a new position in shares of GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTPFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 13,216 shares of the company’s stock, valued at approximately $36,000. StoneX Group Inc. owned approximately 0.63% of GraniteShares 2x Long MSTR Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long MSTR Daily ETF Company Profile

(Get Free Report)

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.

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