GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,280,384 shares, an increase of 725.4% from the June 30th total of 276,268 shares. Based on an average daily trading volume, of 3,439,054 shares, the short-interest ratio is presently 0.7 days. Currently, 21.2% of the company’s shares are sold short.
GraniteShares 2x Long MRVL Daily ETF Price Performance
Shares of GraniteShares 2x Long MRVL Daily ETF stock traded down $3.83 during trading on Friday, hitting $22.44. 2,131,511 shares of the company were exchanged, compared to its average volume of 3,556,050. The firm’s fifty day moving average price is $41.12 and its 200 day moving average price is $21.30. GraniteShares 2x Long MRVL Daily ETF has a 1-year low of $4.32 and a 1-year high of $77.67.
Institutional Inflows and Outflows
A hedge fund recently raised its position in GraniteShares 2x Long MRVL Daily ETF stock. Simplex Trading LLC raised its position in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL – Free Report) by 269.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,654 shares of the company’s stock after purchasing an additional 3,394 shares during the period. Simplex Trading LLC owned approximately 0.20% of GraniteShares 2x Long MRVL Daily ETF worth $100,000 as of its most recent filing with the SEC.
GraniteShares 2x Long MRVL Daily ETF Company Profile
GraniteShares 2x Long MRVL 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 Marvell Technology, inc.
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