GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Sees Significant Increase in Short Interest

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 2,097,612 shares, a growth of 83.5% from the July 30th total of 1,143,004 shares. Based on an average daily volume of 2,954,219 shares, the days-to-cover ratio is currently 0.7 days. Approximately 17.2% of the shares of the company are sold short.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long MRVL Daily ETF stock. Group One Trading LLC lifted its position in shares of GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) by 185.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,064 shares of the company’s stock after acquiring an additional 2,642 shares during the quarter. Group One Trading LLC owned 0.25% of GraniteShares 2x Long MRVL Daily ETF worth $96,000 at the end of the most recent quarter.

GraniteShares 2x Long MRVL Daily ETF Stock Performance

GraniteShares 2x Long MRVL Daily ETF stock opened at $23.90 on Tuesday. The business has a 50 day simple moving average of $30.80 and a 200-day simple moving average of $25.00. GraniteShares 2x Long MRVL Daily ETF has a 12 month low of $4.32 and a 12 month high of $77.67.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MRVL 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 Marvell Technology, inc.

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