GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Short Interest Up 725.4% in July

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,280,384 shares, a growth of 725.4% from the June 30th total of 276,268 shares. Approximately 21.2% of the company’s stock are short sold. Based on an average daily volume of 3,439,054 shares, the days-to-cover ratio is currently 0.7 days.

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. Group One Trading LLC bought a new stake in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLFree Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,422 shares of the company’s stock, valued at approximately $33,000. Group One Trading LLC owned approximately 0.15% of GraniteShares 2x Long MRVL Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long MRVL Daily ETF Stock Down 14.6%

MVLL opened at $22.44 on Friday. GraniteShares 2x Long MRVL Daily ETF has a 1-year low of $4.32 and a 1-year high of $77.67. The company has a fifty day moving average price of $41.12 and a two-hundred day moving average price of $21.30.

About GraniteShares 2x Long MRVL Daily ETF

(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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