GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Short Interest Up 132.1% in July

GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 205,302 shares, an increase of 132.1% from the June 30th total of 88,436 shares. Based on an average daily volume of 161,767 shares, the short-interest ratio is presently 1.3 days. Currently, 12.4% of the shares of the company are sold short.

GraniteShares 2x Long VRT Daily ETF Stock Down 34.3%

NASDAQ:VRTL opened at $21.26 on Thursday. GraniteShares 2x Long VRT Daily ETF has a 12 month low of $10.35 and a 12 month high of $73.00. The firm’s 50 day moving average is $45.51 and its 200 day moving average is $40.83.

Institutional Trading of GraniteShares 2x Long VRT Daily ETF

Several hedge funds have recently made changes to their positions in the company. Group One Trading LLC increased its holdings in GraniteShares 2x Long VRT Daily ETF by 404.9% in the 1st quarter. Group One Trading LLC now owns 308 shares of the company’s stock worth $31,000 after acquiring an additional 247 shares during the last quarter. Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long VRT Daily ETF during the fourth quarter valued at about $50,000. Finally, Optiver Holding B.V. lifted its holdings in GraniteShares 2x Long VRT Daily ETF by 103.7% during the first quarter. Optiver Holding B.V. now owns 9,116 shares of the company’s stock valued at $924,000 after purchasing an additional 4,640 shares during the last quarter.

About GraniteShares 2x Long VRT Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.