Short Interest in GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Drops By 58.8%

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFLGet Free Report) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 63,061 shares, a decrease of 58.8% from the November 30th total of 153,244 shares. Currently, 4.9% of the shares of the stock are short sold. Based on an average trading volume of 199,552 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 199,552 shares, the short-interest ratio is currently 0.3 days. Currently, 4.9% of the shares of the stock are short sold.

GraniteShares 2x Long MSFT Daily ETF Trading Up 0.3%

Shares of NASDAQ MSFL opened at $27.69 on Friday. The company’s 50-day simple moving average is $29.13 and its 200-day simple moving average is $30.27. GraniteShares 2x Long MSFT Daily ETF has a 52-week low of $14.97 and a 52-week high of $36.97.

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

Several large investors have recently bought and sold shares of the company. Simplex Trading LLC lifted its position in shares of GraniteShares 2x Long MSFT Daily ETF by 1,675.2% in the second quarter. Simplex Trading LLC now owns 3,799 shares of the company’s stock valued at $114,000 after acquiring an additional 3,585 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of GraniteShares 2x Long MSFT Daily ETF during the second quarter worth approximately $233,000. Finally, Susquehanna International Group LLP acquired a new position in GraniteShares 2x Long MSFT Daily ETF in the 3rd quarter valued at $480,000.

About GraniteShares 2x Long MSFT Daily ETF

(Get Free Report)

The GraniteShares 2x Long MSFT Daily ETF (MSFL) 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 Microsoft stock. MSFL was launched on Mar 4, 2024 and is issued by GraniteShares.

Further Reading

Receive News & Ratings for GraniteShares 2x Long MSFT Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long MSFT Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.