GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Short Interest Declines 35.8%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 7,157 shares, a drop of 35.8% from the September 30th total of 11,154 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 45,921 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of GraniteShares 2x Long MSTR Daily ETF

A hedge fund recently raised its position in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. grew its position in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Free Report) by 1,553.2% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 523,444 shares of the company’s stock after acquiring an additional 491,782 shares during the period. Optiver Holding B.V. owned about 237.93% of GraniteShares 2x Long MSTR Daily ETF worth $756,000 at the end of the most recent quarter.

GraniteShares 2x Long MSTR Daily ETF Stock Up 6.7%

Shares of MSTP traded up $1.27 during mid-day trading on Tuesday, reaching $20.35. The company had a trading volume of 4,327 shares, compared to its average volume of 68,573. GraniteShares 2x Long MSTR Daily ETF has a 52-week low of $10.13 and a 52-week high of $176.39. The stock has a 50 day moving average of $25.26 and a two-hundred day moving average of $30.72.

GraniteShares 2x Long MSTR Daily ETF Company Profile

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long MSTR Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

Further Reading

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