GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Sees Significant Increase in Short Interest

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 202,606 shares, an increase of 90.7% from the June 15th total of 106,262 shares. Based on an average trading volume of 142,636 shares, the short-interest ratio is presently 1.4 days. Currently, 25.3% of the company’s shares are short sold.

GraniteShares 2x Long CRWD Daily ETF Trading Down 2.4%

Shares of CRWL traded down $1.76 during mid-day trading on Thursday, reaching $71.48. The stock had a trading volume of 38,901 shares, compared to its average volume of 252,004. GraniteShares 2x Long CRWD Daily ETF has a 52-week low of $15.25 and a 52-week high of $80.52. The business’s fifty day moving average is $53.88 and its 200 day moving average is $34.54.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Group One Trading LLC purchased a new stake in GraniteShares 2x Long CRWD Daily ETF in the second quarter valued at $85,000. Jane Street Group LLC lifted its stake in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% in the 1st 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 last quarter. Finally, Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Long CRWD Daily ETF during the 1st quarter worth $715,000.

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.