GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Short Interest Falls 76.2%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) was the target of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 4,983 shares, a decrease of 76.2% from the August 31st total of 20,923 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average daily volume of 57,858 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On GraniteShares 2x Long MSTR Daily ETF

An institutional investor recently raised its stake in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. increased its stake in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) by 1,553.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 523,444 shares of the company’s stock after acquiring an additional 491,782 shares during the period. Optiver Holding B.V. owned approximately 237.93% of GraniteShares 2x Long MSTR Daily ETF worth $756,000 at the end of the most recent reporting period.

GraniteShares 2x Long MSTR Daily ETF Trading Down 3.6%

Shares of MSTP stock traded down $1.15 during trading on Friday, reaching $30.45. The company’s stock had a trading volume of 35,051 shares, compared to its average volume of 73,021. GraniteShares 2x Long MSTR Daily ETF has a 1-year low of $10.13 and a 1-year high of $368.66. The stock’s 50-day moving average price is $19.09 and its 200 day moving average price is $28.24.

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.