GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 22,910 shares, a decrease of 63.7% from the August 15th total of 63,057 shares. Based on an average daily trading volume, of 205,123 shares, the days-to-cover ratio is currently 0.1 days. Currently, 2.3% of the company’s shares are sold short.
GraniteShares 2x Long MARA Daily ETF Price Performance
Shares of NASDAQ:MRAL traded up $3.73 on Friday, hitting $42.21. 113,387 shares of the company’s stock were exchanged, compared to its average volume of 141,581. The stock has a market capitalization of $42.63 million, a price-to-earnings ratio of -351.75 and a beta of 7.95. GraniteShares 2x Long MARA Daily ETF has a 12 month low of $22.14 and a 12 month high of $366.30. The business’s 50 day simple moving average is $41.83 and its two-hundred day simple moving average is $49.97.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of MRAL. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MARA Daily ETF during the 3rd quarter worth $58,000. Susquehanna International Group LLP raised its stake in shares of GraniteShares 2x Long MARA Daily ETF by 8.1% during the 3rd quarter. Susquehanna International Group LLP now owns 23,685 shares of the company’s stock worth $548,000 after acquiring an additional 1,779 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of GraniteShares 2x Long MARA Daily ETF by 23.2% during the 4th quarter. HighTower Advisors LLC now owns 53,508 shares of the company’s stock valued at $246,000 after purchasing an additional 10,063 shares during the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in GraniteShares 2x Long MARA Daily ETF in the first quarter valued at about $172,000. Finally, Optiver Holding B.V. boosted its stake in GraniteShares 2x Long MARA Daily ETF by 128.4% in the 1st quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock worth $202,000 after purchasing an additional 39,586 shares in the last quarter. 0.42% of the stock is currently owned by hedge funds and other institutional investors.
GraniteShares 2x Long MARA Daily ETF Company Profile
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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