GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Short Interest Down 97.5% in May

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRALGet Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 6,481 shares, a decrease of 97.5% from the April 30th total of 258,569 shares. Based on an average daily trading volume, of 131,122 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.5% of the company’s stock are short sold.

GraniteShares 2x Long MARA Daily ETF Stock Performance

Shares of NASDAQ:MRAL traded up $0.56 during trading on Wednesday, reaching $80.77. 98,206 shares of the stock traded hands, compared to its average volume of 154,314. The stock has a 50-day moving average of $50.67 and a two-hundred day moving average of $55.96. GraniteShares 2x Long MARA Daily ETF has a 52-week low of $22.14 and a 52-week high of $366.30. The stock has a market cap of $102.58 million, a P/E ratio of -673.08 and a beta of 7.69.

Institutional Investors Weigh In On GraniteShares 2x Long MARA Daily ETF

A number of institutional investors have recently made changes to their positions in MRAL. HUB Investment Partners LLC grew its holdings in shares of GraniteShares 2x Long MARA Daily ETF by 58.3% during the second quarter. HUB Investment Partners LLC now owns 71,030 shares of the company’s stock valued at $1,410,000 after buying an additional 26,170 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in GraniteShares 2x Long MARA Daily ETF in the third quarter worth approximately $208,000. Optiver Holding B.V. boosted its holdings in GraniteShares 2x Long MARA Daily ETF by 126.0% in the third quarter. Optiver Holding B.V. now owns 24,858 shares of the company’s stock worth $575,000 after purchasing an additional 13,859 shares during the last quarter. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MARA Daily ETF in the third quarter worth approximately $58,000. Finally, Susquehanna International Group LLP boosted its holdings in GraniteShares 2x Long MARA Daily ETF by 8.1% in the third quarter. Susquehanna International Group LLP now owns 23,685 shares of the company’s stock worth $548,000 after purchasing an additional 1,779 shares during the last quarter. Hedge funds and other institutional investors own 0.42% of the company’s stock.

About GraniteShares 2x Long MARA Daily ETF

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GraniteShares 2x Long MARA Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of MARA holdings Inc

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