GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Short Interest Up 22.7% in February

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 4,337 shares, an increase of 22.7% from the January 29th total of 3,535 shares. Based on an average trading volume of 18,823 shares, the days-to-cover ratio is presently 0.2 days. Currently, 14.5% of the company’s stock are sold short. Currently, 14.5% of the company’s stock are sold short. Based on an average trading volume of 18,823 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of GraniteShares 2x Short MSTR Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. acquired a new position in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 17,016 shares of the company’s stock, valued at approximately $492,000. Optiver Holding B.V. owned approximately 56.72% of GraniteShares 2x Short MSTR Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Short MSTR Daily ETF Stock Performance

Shares of NASDAQ MSDD opened at $52.70 on Thursday. GraniteShares 2x Short MSTR Daily ETF has a fifty-two week low of $17.13 and a fifty-two week high of $156.71. The business has a 50 day moving average price of $80.03 and a two-hundred day moving average price of $57.27.

About GraniteShares 2x Short MSTR Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Short 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 and software. 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. GraniteShares ETF Trust – GraniteShares 2x Short MSTR Daily ETF is domiciled in the United States.