GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Stock Short Interest Rises 73.8%

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,324 shares, an increase of 73.8% from the September 15th total of 6,516 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 99,802 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long MARA Daily ETF Stock Down 19.4%

MRAL traded down $3.72 during midday trading on Friday, hitting $15.45. 238,688 shares of the company were exchanged, compared to its average volume of 139,167. The firm has a market capitalization of $20.39 million, a P/E ratio of -128.75 and a beta of 7.69. GraniteShares 2x Long MARA Daily ETF has a 1-year low of $14.94 and a 1-year high of $314.50. The firm’s 50 day moving average price is $35.61 and its 200-day moving average price is $50.26.

Hedge Funds Weigh In On GraniteShares 2x Long MARA Daily ETF

A number of hedge funds have recently made changes to their positions in the stock. Mirae Asset Securities USA Inc. bought a new stake in GraniteShares 2x Long MARA Daily ETF in the first quarter valued at approximately $172,000. Optiver Holding B.V. increased its position in GraniteShares 2x Long MARA Daily ETF by 128.4% during the 1st quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock valued at $202,000 after purchasing an additional 39,586 shares during the period. Finally, Sara Bay Financial increased its position in GraniteShares 2x Long MARA Daily ETF by 30.5% during the 1st quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock valued at $500,000 after purchasing an additional 40,783 shares during the period. 0.42% of the stock is currently owned by institutional investors.

About GraniteShares 2x Long MARA Daily ETF

(Get Free Report)

GraniteShares 2x Long MARA Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of MARA holdings Inc

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