GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Shares Shorted: Short Interest Down 76.2% in September

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 4,983 shares, a decline of 76.2% from the August 31st total of 20,923 shares. Based on an average trading volume of 57,858 shares, the short-interest ratio is presently 0.1 days. Currently, 0.9% of the shares of the company are sold short.

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. lifted its stake in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) by 1,553.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund 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 as of its most recent SEC filing.

GraniteShares 2x Long MSTR Daily ETF Stock Down 3.6%

Shares of NASDAQ:MSTP traded down $1.15 during midday trading on Friday, reaching $30.45. The company’s stock had a trading volume of 35,051 shares, compared to its average volume of 73,021. GraniteShares 2x Long MSTR Daily ETF has a twelve month low of $10.13 and a twelve month high of $368.66. The stock has a fifty day moving average of $19.09 and a 200 day moving average of $28.24.

About GraniteShares 2x Long MSTR Daily ETF

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.