GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Sees Large Increase in Short Interest

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,324 shares, an increase of 73.8% from the September 15th total of 6,516 shares. Currently, 1.0% of the shares of the company are short sold. Based on an average daily volume of 99,802 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long MARA Daily ETF Price Performance

MRAL traded down $0.57 during trading on Thursday, hitting $18.04. The stock had a trading volume of 144,919 shares, compared to its average volume of 138,377. The company has a 50 day moving average price of $36.33 and a 200-day moving average price of $50.57. The firm has a market cap of $22.54 million, a price-to-earnings ratio of -150.29 and a beta of 7.69. GraniteShares 2x Long MARA Daily ETF has a one year low of $16.00 and a one year high of $358.90.

Institutional Investors Weigh In On GraniteShares 2x Long MARA Daily ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long MARA Daily ETF by 128.4% during the first quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock worth $202,000 after buying an additional 39,586 shares in the last quarter. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long MARA Daily ETF in the first quarter valued at about $172,000. Finally, Sara Bay Financial grew its stake in shares of GraniteShares 2x Long MARA Daily ETF by 30.5% in the first quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock valued at $500,000 after acquiring an additional 40,783 shares in the last quarter. Institutional investors and hedge funds own 0.42% of the company’s stock.

GraniteShares 2x Long MARA Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MARA 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 MARA holdings Inc

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