GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Short Interest Down 45.8% in May

GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) saw a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 36,182 shares, a decrease of 45.8% from the May 14th total of 66,768 shares. Based on an average trading volume of 107,175 shares, the days-to-cover ratio is presently 0.3 days. Currently, 9.5% of the company’s shares are short sold.

GraniteShares 2x Long VRT Daily ETF Stock Up 6.4%

NASDAQ VRTL opened at $142.37 on Tuesday. GraniteShares 2x Long VRT Daily ETF has a 12 month low of $27.40 and a 12 month high of $219.00. The company has a 50-day moving average of $155.06 and a 200-day moving average of $105.56.

Institutional Trading of GraniteShares 2x Long VRT Daily ETF

A number of institutional investors have recently modified their holdings of VRTL. Optiver Holding B.V. grew its holdings in shares of GraniteShares 2x Long VRT Daily ETF by 307.4% during the 3rd quarter. Optiver Holding B.V. now owns 10,722 shares of the company’s stock worth $521,000 after purchasing an additional 8,090 shares during the period. Hollencrest Capital Management purchased a new stake in shares of GraniteShares 2x Long VRT Daily ETF during the 4th quarter worth about $50,000. Finally, Group One Trading LLC grew its holdings in shares of GraniteShares 2x Long VRT Daily ETF by 404.9% during the 1st quarter. Group One Trading LLC now owns 308 shares of the company’s stock worth $31,000 after purchasing an additional 247 shares during the period.

GraniteShares 2x Long VRT Daily ETF Company Profile

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.