GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Get Free Report) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 96,119 shares, a decline of 86.1% from the April 15th total of 690,670 shares. Currently, 43.7% of the shares of the company are short sold. Based on an average daily volume of 5,707,227 shares, the short-interest ratio is presently 0.0 days.
GraniteShares 2x Long MSTR Daily ETF Price Performance
NASDAQ MSTP traded down $8.50 on Tuesday, hitting $57.26. 13,142 shares of the company traded hands, compared to its average volume of 82,617. The business’s 50 day moving average price is $39.89 and its 200-day moving average price is $67.49. GraniteShares 2x Long MSTR Daily ETF has a 52-week low of $23.00 and a 52-week high of $644.60.
Institutional Investors Weigh In On GraniteShares 2x Long MSTR Daily ETF
A hedge fund recently bought a new stake in GraniteShares 2x Long MSTR Daily ETF stock. StoneX Group Inc. purchased a new stake in shares of GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 13,216 shares of the company’s stock, valued at approximately $36,000. StoneX Group Inc. owned 0.63% of GraniteShares 2x Long MSTR Daily ETF as of its most recent SEC filing.
About GraniteShares 2x Long MSTR Daily ETF
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.
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