GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Short Interest Update

by · The Markets Daily

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL – Get Free Report) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 18,316 shares, a drop of 71.0% from the December 15th total of 63,061 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 138,848 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 138,848 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.1% of the shares of the stock are short sold.

GraniteShares 2x Long MSFT Daily ETF Stock Down 3.4%

Shares of GraniteShares 2x Long MSFT Daily ETF stock traded down $0.90 on Tuesday, reaching $25.44. 233,715 shares of the company were exchanged, compared to its average volume of 229,567. The stock has a fifty day moving average price of $27.78 and a 200-day moving average price of $30.18. GraniteShares 2x Long MSFT Daily ETF has a fifty-two week low of $14.97 and a fifty-two week high of $36.97.

Institutional Trading of GraniteShares 2x Long MSFT Daily ETF

Hedge funds have recently bought and sold shares of the company. Simplex Trading LLC increased its position in shares of GraniteShares 2x Long MSFT Daily ETF by 1,675.2% in the second quarter. Simplex Trading LLC now owns 3,799 shares of the company’s stock worth $114,000 after acquiring an additional 3,585 shares in the last quarter. Jane Street Group LLC acquired a new position in GraniteShares 2x Long MSFT Daily ETF in the 2nd quarter worth approximately $233,000. Finally, Susquehanna International Group LLP acquired a new position in GraniteShares 2x Long MSFT Daily ETF in the 3rd quarter worth approximately $480,000.

About GraniteShares 2x Long MSFT Daily ETF

(Get Free Report)

The GraniteShares 2x Long MSFT Daily ETF (MSFL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFL was launched on Mar 4, 2024 and is issued by GraniteShares.

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