GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Short Interest Update

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) was the target of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 858,517 shares, an increase of 15.8% from the February 12th total of 741,673 shares. Approximately 21.3% of the shares of the stock are sold short. Based on an average trading volume of 764,464 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 764,464 shares, the days-to-cover ratio is currently 1.1 days. Approximately 21.3% of the shares of the stock are sold short.

GraniteShares 2x Long MSFT Daily ETF Stock Performance

Shares of NASDAQ MSFL traded up $0.02 during mid-day trading on Tuesday, reaching $17.92. The company’s stock had a trading volume of 397,637 shares, compared to its average volume of 941,815. GraniteShares 2x Long MSFT Daily ETF has a 52 week low of $14.97 and a 52 week high of $36.97. The stock has a fifty day moving average of $20.78 and a two-hundred day moving average of $26.59.

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

A number of institutional investors have recently added to or reduced their stakes in MSFL. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long MSFT Daily ETF during the fourth quarter valued at approximately $297,000. Woodward Diversified Capital LLC bought a new position in shares of GraniteShares 2x Long MSFT Daily ETF during the fourth quarter worth $202,000. Susquehanna International Group LLP bought a new position in shares of GraniteShares 2x Long MSFT Daily ETF during the third quarter worth $480,000. Jane Street Group LLC purchased a new position in GraniteShares 2x Long MSFT Daily ETF during the second quarter valued at $233,000. Finally, Simplex Trading LLC increased its holdings in GraniteShares 2x Long MSFT Daily ETF by 1,675.2% in the 2nd 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 during the last quarter.

GraniteShares 2x Long MSFT Daily ETF Company Profile

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.