GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Stock Short Interest Falls 57.1%

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) saw a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,277,033 shares, a decline of 57.1% from the August 31st total of 2,978,501 shares. Based on an average daily volume of 3,046,612 shares, the short-interest ratio is presently 0.4 days. Currently, 8.9% of the company’s stock are sold short.

GraniteShares 2x Long MRVL Daily ETF Stock Performance

GraniteShares 2x Long MRVL Daily ETF stock traded down $2.78 during trading hours on Monday, reaching $32.66. The stock had a trading volume of 1,445,240 shares, compared to its average volume of 3,590,585. The business’s 50 day moving average price is $27.07 and its 200-day moving average price is $28.05. GraniteShares 2x Long MRVL Daily ETF has a 52 week low of $4.83 and a 52 week high of $77.67.

About GraniteShares 2x Long MRVL Daily ETF

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.