GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL – Get Free Report) saw a significant growth in short interest in July. As of July 15th, there was short interest totaling 205,302 shares, a growth of 132.1% from the June 30th total of 88,436 shares. Based on an average trading volume of 161,767 shares, the days-to-cover ratio is presently 1.3 days. Approximately 12.4% of the company’s shares are short sold.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the stock. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long VRT Daily ETF by 103.7% during the first quarter. Optiver Holding B.V. now owns 9,116 shares of the company’s stock worth $924,000 after acquiring an additional 4,640 shares in the last quarter. Hollencrest Capital Management bought a new stake in GraniteShares 2x Long VRT Daily ETF in the 4th quarter valued at $50,000. Finally, Group One Trading LLC lifted its position in GraniteShares 2x Long VRT Daily ETF by 404.9% in the 1st quarter. Group One Trading LLC now owns 308 shares of the company’s stock valued at $31,000 after acquiring an additional 247 shares in the last quarter.
GraniteShares 2x Long VRT Daily ETF Trading Down 34.3%
Shares of NASDAQ:VRTL traded down $11.08 during trading on Wednesday, hitting $21.26. 1,157,100 shares of the company’s stock traded hands, compared to its average volume of 274,389. GraniteShares 2x Long VRT Daily ETF has a 52 week low of $10.35 and a 52 week high of $73.00. The company has a 50-day moving average price of $46.09 and a 200-day moving average price of $40.79.
About GraniteShares 2x Long VRT Daily ETF
GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.
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