GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Short Interest Update

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 13,803,371 shares, a growth of 53.4% from the July 15th total of 8,996,483 shares. Currently, 14.2% of the company’s stock are sold short. Based on an average daily volume of 18,296,808 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of GraniteShares 2x Long COIN Daily ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. UBS Group AG boosted its holdings in GraniteShares 2x Long COIN Daily ETF by 64.8% in the third quarter. UBS Group AG now owns 1,951,379 shares of the company’s stock valued at $72,982,000 after purchasing an additional 767,632 shares during the last quarter. Optiver Holding B.V. increased its holdings in GraniteShares 2x Long COIN Daily ETF by 232.2% during the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock worth $906,000 after purchasing an additional 90,448 shares during the last quarter. IMC Chicago LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF in the 1st quarter valued at approximately $814,000. Renaissance Technologies LLC raised its position in shares of GraniteShares 2x Long COIN Daily ETF by 91.2% in the 4th quarter. Renaissance Technologies LLC now owns 91,600 shares of the company’s stock valued at $1,342,000 after purchasing an additional 43,700 shares in the last quarter. Finally, HRT Financial LP raised its position in shares of GraniteShares 2x Long COIN Daily ETF by 165.2% in the 4th quarter. HRT Financial LP now owns 38,071 shares of the company’s stock valued at $557,000 after purchasing an additional 23,716 shares in the last quarter.

GraniteShares 2x Long COIN Daily ETF Stock Up 4.8%

GraniteShares 2x Long COIN Daily ETF stock opened at $4.12 on Wednesday. GraniteShares 2x Long COIN Daily ETF has a 12-month low of $3.56 and a 12-month high of $52.40. The firm’s fifty day moving average price is $4.86 and its 200 day moving average price is $6.82.

GraniteShares 2x Long COIN Daily ETF Company Profile

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.