GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Stock Short Interest Report for September

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 216,485 shares, a growth of 157.8% from the September 15th total of 83,987 shares. Based on an average daily trading volume, of 164,332 shares, the days-to-cover ratio is presently 1.3 days. Approximately 15.4% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in GraniteShares 2x Long AMZN Daily ETF stock. Optiver Holding B.V. acquired a new position in GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,277 shares of the company’s stock, valued at approximately $912,000. Optiver Holding B.V. owned 2.25% of GraniteShares 2x Long AMZN Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long AMZN Daily ETF Stock Down 1.5%

GraniteShares 2x Long AMZN Daily ETF stock traded down $0.51 during mid-day trading on Wednesday, hitting $33.67. 42,539 shares of the company’s stock traded hands, compared to its average volume of 221,228. The firm has a 50 day moving average price of $34.46 and a 200 day moving average price of $34.00. The company has a market cap of $47.48 million, a PE ratio of -553.81 and a beta of 3.41. GraniteShares 2x Long AMZN Daily ETF has a one year low of $22.21 and a one year high of $43.11.

About GraniteShares 2x Long AMZN Daily ETF

The GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZZ was launched on Mar 4, 2024 and is issued by GraniteShares.