GraniteShares 2x Short COIN Daily ETF (NASDAQ:CONI – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 22,808 shares, a growth of 116.0% from the June 30th total of 10,558 shares. Based on an average trading volume of 133,525 shares, the days-to-cover ratio is presently 0.2 days. Currently, 9.1% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of CONI. Jump Financial LLC purchased a new stake in GraniteShares 2x Short COIN Daily ETF during the second quarter worth approximately $1,554,000. Jane Street Group LLC lifted its holdings in shares of GraniteShares 2x Short COIN Daily ETF by 355.6% during the 2nd quarter. Jane Street Group LLC now owns 201,460 shares of the company’s stock valued at $486,000 after acquiring an additional 157,242 shares in the last quarter. Two Sigma Securities LLC purchased a new stake in GraniteShares 2x Short COIN Daily ETF during the 2nd quarter worth $283,000. Flow Traders U.S. LLC purchased a new stake in GraniteShares 2x Short COIN Daily ETF during the 2nd quarter worth $271,000. Finally, Vienna Asset Management LLC acquired a new stake in GraniteShares 2x Short COIN Daily ETF in the 2nd quarter valued at $145,000.
GraniteShares 2x Short COIN Daily ETF Stock Performance
NASDAQ:CONI traded down $0.02 on Tuesday, hitting $43.27. 116,741 shares of the stock were exchanged, compared to its average volume of 209,775. The stock has a fifty day moving average of $51.22 and a 200-day moving average of $59.64. GraniteShares 2x Short COIN Daily ETF has a fifty-two week low of $28.41 and a fifty-two week high of $141.65.
GraniteShares 2x Short COIN Daily ETF Company Profile
The GraniteShares 1x Short COIN Daily ETF (CONI) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1x inverse exposure, less fees and expenses, to the daily price movement for shares of Coinbase Global, Inc stock. CONI was launched on Sep 3, 2024 and is issued by GraniteShares.
Featured Stories
- Five stocks we like better than GraniteShares 2x Short COIN Daily ETF
- Chips & Clips: Memory Tariffs Rewire Tech Supply Chains
- Western Digital’s Earnings Will Test Whether Its AI Rally Has More Room
- Is the Market Mispricing ServiceNow’s AI Future?
- Nano Nuclear’s Air Force Contract Puts Its Short-Squeeze Setup in Focus
Receive News & Ratings for GraniteShares 2x Short COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Short COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
