GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Get Free Report) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 11,154 shares, a growth of 123.8% from the September 15th total of 4,983 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average daily volume of 47,984 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Investors Weigh In On GraniteShares 2x Long MSTR Daily ETF
A hedge fund recently raised its stake in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. boosted its stake 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 filing with the Securities & Exchange Commission. The institutional investor owned 523,444 shares of the company’s stock after buying an additional 491,782 shares during the quarter. Optiver Holding B.V. owned approximately 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 Performance
MSTP stock opened at $27.58 on Tuesday. The firm has a 50 day simple moving average of $22.65 and a 200 day simple moving average of $27.58. GraniteShares 2x Long MSTR Daily ETF has a 52 week low of $10.13 and a 52 week high of $273.27.
GraniteShares 2x Long MSTR Daily ETF Company Profile
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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