Short Interest in GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Drops By 46.6%

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 55,363 shares, a decline of 46.6% from the May 14th total of 103,616 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily trading volume, of 206,325 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On GraniteShares 2x Long CRWD Daily ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Group One Trading LLC raised its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 343.4% during the fourth quarter. Group One Trading LLC now owns 3,237 shares of the company’s stock valued at $100,000 after purchasing an additional 2,507 shares during the period. Jane Street Group LLC raised its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% during the first quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock valued at $294,000 after purchasing an additional 3,917 shares during the period. Finally, Optiver Holding B.V. acquired a new position in shares of GraniteShares 2x Long CRWD Daily ETF during the first quarter valued at about $715,000.

GraniteShares 2x Long CRWD Daily ETF Price Performance

CRWL stock traded down $1.45 during midday trading on Friday, hitting $52.07. The stock had a trading volume of 88,057 shares, compared to its average volume of 276,145. GraniteShares 2x Long CRWD Daily ETF has a 1-year low of $15.25 and a 1-year high of $70.21. The business has a fifty day moving average price of $36.64 and a two-hundred day moving average price of $30.64.

GraniteShares 2x Long CRWD Daily ETF Company Profile

The GraniteShares 2x Long CRWD Daily ETF (CRWL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of CrowdStrike Holdings Inc (ticker: CRWD) stock. CRWL was launched on Nov 11, 2024 and is issued by GraniteShares.