GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Get Free Report) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 11,071 shares, a decrease of 88.5% from the April 30th total of 96,119 shares. Currently, 5.0% of the company’s stock are sold short. Based on an average trading volume of 46,110 shares, the days-to-cover ratio is currently 0.2 days.
GraniteShares 2x Long MSTR Daily ETF Stock Performance
Shares of MSTP traded up $3.81 during trading hours on Friday, hitting $42.02. 58,183 shares of the company were exchanged, compared to its average volume of 76,214. The firm’s 50 day moving average is $42.60 and its 200-day moving average is $54.08. GraniteShares 2x Long MSTR Daily ETF has a 52 week low of $23.00 and a 52 week high of $644.60.
Hedge Funds Weigh In On GraniteShares 2x Long MSTR Daily ETF
An institutional investor recently bought a new position in GraniteShares 2x Long MSTR Daily ETF stock. StoneX Group Inc. acquired a new position in shares of GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 13,216 shares of the company’s stock, valued at approximately $36,000. StoneX Group Inc. owned about 0.63% of GraniteShares 2x Long MSTR Daily ETF as of its most recent filing with the Securities and Exchange Commission.
GraniteShares 2x Long MSTR Daily ETF Company Profile
GraniteShares ETF Trust – GraniteShares 2x Long MSTR Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.
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