Short Interest in GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Rises By 132.1%

GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 205,302 shares, a growth of 132.1% from the June 30th total of 88,436 shares. Currently, 12.4% of the shares of the stock are short sold. Based on an average daily volume of 161,767 shares, the short-interest ratio is presently 1.3 days.

GraniteShares 2x Long VRT Daily ETF Price Performance

GraniteShares 2x Long VRT Daily ETF stock opened at $36.58 on Tuesday. GraniteShares 2x Long VRT Daily ETF has a 1-year low of $10.35 and a 1-year high of $73.00. The firm has a 50 day simple moving average of $46.49 and a 200-day simple moving average of $40.69.

Institutional Trading of GraniteShares 2x Long VRT Daily ETF

Institutional investors have recently added to or reduced their stakes in the stock. Optiver Holding B.V. raised its position in GraniteShares 2x Long VRT Daily ETF by 103.7% in the first quarter. Optiver Holding B.V. now owns 9,116 shares of the company’s stock valued at $924,000 after purchasing an additional 4,640 shares during the period. Group One Trading LLC boosted its stake in shares of GraniteShares 2x Long VRT Daily ETF by 404.9% in the first quarter. Group One Trading LLC now owns 308 shares of the company’s stock valued at $31,000 after purchasing an additional 247 shares during the period. Finally, Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long VRT Daily ETF in the fourth quarter valued at approximately $50,000.

About GraniteShares 2x Long VRT Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.