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

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 3,448,869 shares, an increase of 194.3% from the October 15th total of 1,172,041 shares. Currently, 24.5% of the company’s shares are short sold. Based on an average trading volume of 2,315,324 shares, the days-to-cover ratio is currently 1.5 days.

GraniteShares 2x Long MRVL Daily ETF Price Performance

Shares of MVLL traded down $1.14 during trading hours on Friday, reaching $10.51. The stock had a trading volume of 3,598,923 shares, compared to its average volume of 3,563,418. GraniteShares 2x Long MRVL Daily ETF has a 52 week low of $4.83 and a 52 week high of $77.67. The firm has a 50-day moving average of $27.24 and a 200 day moving average of $24.46.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long MRVL Daily ETF stock. Woodward Diversified Capital LLC purchased a new stake in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 20,900 shares of the company’s stock, valued at approximately $748,000. Woodward Diversified Capital LLC owned approximately 0.20% of GraniteShares 2x Long MRVL Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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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