Short Interest in GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Decreases By 41.2%

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 89,540 shares, a decrease of 41.2% from the July 30th total of 152,211 shares. Based on an average daily volume of 83,340 shares, the days-to-cover ratio is presently 1.1 days. Approximately 13.2% of the shares of the stock are sold short.

GraniteShares 2x Long CRWD Daily ETF Trading Down 11.6%

CRWL traded down $8.40 during trading on Wednesday, reaching $64.00. 207,015 shares of the company traded hands, compared to its average volume of 228,822. GraniteShares 2x Long CRWD Daily ETF has a 12-month low of $15.25 and a 12-month high of $85.74. The firm has a fifty day simple moving average of $66.75 and a 200 day simple moving average of $44.19.

Institutional Trading of GraniteShares 2x Long CRWD Daily ETF

Several hedge funds have recently bought and sold shares of CRWL. Jane Street Group LLC boosted its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% during the 1st quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock valued at $294,000 after purchasing an additional 3,917 shares during the last quarter. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long CRWD Daily ETF in the second quarter worth about $85,000. Finally, Optiver Holding B.V. purchased a new stake in shares of GraniteShares 2x Long CRWD Daily ETF in the first quarter worth about $715,000.

GraniteShares 2x Long CRWD Daily ETF Company Profile

The GraniteShares 2x Long CRWD Daily ETF (CRWL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of CrowdStrike Holdings Inc (ticker: CRWD) stock. CRWL was launched on Nov 11, 2024 and is issued by GraniteShares.