GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 41,634 shares, a decrease of 61.4% from the May 14th total of 107,781 shares. Approximately 2.5% of the company’s shares are sold short. Based on an average daily volume of 143,372 shares, the short-interest ratio is currently 0.3 days.
Institutional Trading of GraniteShares 2x Long AMZN Daily ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Group One Trading LLC acquired a new stake in GraniteShares 2x Long AMZN Daily ETF in the second quarter valued at $67,000. Optiver Holding B.V. lifted its stake in shares of GraniteShares 2x Long AMZN Daily ETF by 1,269.0% in the 3rd quarter. Optiver Holding B.V. now owns 8,488 shares of the company’s stock valued at $253,000 after purchasing an additional 7,868 shares during the period. Susquehanna International Group LLP acquired a new position in shares of GraniteShares 2x Long AMZN Daily ETF in the 3rd quarter valued at about $332,000. NewEdge Advisors LLC acquired a new position in shares of GraniteShares 2x Long AMZN Daily ETF in the 1st quarter valued at about $694,000. Finally, Prosperity Wealth Management Inc. acquired a new position in shares of GraniteShares 2x Long AMZN Daily ETF in the 3rd quarter valued at about $763,000.
GraniteShares 2x Long AMZN Daily ETF Price Performance
NASDAQ AMZZ traded down $1.39 on Friday, reaching $30.60. The company had a trading volume of 187,251 shares, compared to its average volume of 278,716. The firm has a market cap of $50.80 million, a price-to-earnings ratio of -503.37 and a beta of 3.44. GraniteShares 2x Long AMZN Daily ETF has a fifty-two week low of $22.21 and a fifty-two week high of $43.11. The business has a 50 day moving average of $35.79 and a two-hundred day moving average of $31.48.
GraniteShares 2x Long AMZN Daily ETF Company Profile
The GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZZ was launched on Mar 4, 2024 and is issued by GraniteShares.
See Also
- Five stocks we like better than GraniteShares 2x Long AMZN Daily ETF
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Receive News & Ratings for GraniteShares 2x Long AMZN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long AMZN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
