Short Interest in GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Expands By 256.7%

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 9,567 shares, a growth of 256.7% from the June 15th total of 2,682 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 102,251 shares, the short-interest ratio is currently 0.1 days.

GraniteShares 2x Long MARA Daily ETF Stock Down 0.1%

Shares of NASDAQ MRAL traded down $0.05 during trading on Tuesday, reaching $52.63. 84,118 shares of the stock were exchanged, compared to its average volume of 145,263. GraniteShares 2x Long MARA Daily ETF has a twelve month low of $22.14 and a twelve month high of $366.30. The company has a market capitalization of $53.68 million, a price-to-earnings ratio of -438.58 and a beta of 7.75. The business’s 50-day moving average price is $69.35 and its 200 day moving average price is $52.67.

Institutional Investors Weigh In On GraniteShares 2x Long MARA Daily ETF

A number of hedge funds have recently bought and sold shares of MRAL. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MARA Daily ETF during the 3rd quarter worth approximately $58,000. Mirae Asset Securities USA Inc. purchased a new position in shares of GraniteShares 2x Long MARA Daily ETF during the 1st quarter valued at approximately $172,000. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long MARA Daily ETF by 128.4% during the first quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock worth $202,000 after buying an additional 39,586 shares in the last quarter. HighTower Advisors LLC grew its position in shares of GraniteShares 2x Long MARA Daily ETF by 23.2% during the fourth quarter. HighTower Advisors LLC now owns 53,508 shares of the company’s stock worth $246,000 after buying an additional 10,063 shares in the last quarter. Finally, Sara Bay Financial increased its stake in shares of GraniteShares 2x Long MARA Daily ETF by 30.5% in the first quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock worth $500,000 after buying an additional 40,783 shares during the last quarter. Institutional investors and hedge funds own 0.42% of the company’s stock.

GraniteShares 2x Long MARA Daily ETF Company Profile

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