GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Stock Short Interest Falls 71.6%

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 6,516 shares, a decrease of 71.6% from the August 31st total of 22,910 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 106,817 shares, the short-interest ratio is currently 0.1 days.

GraniteShares 2x Long MARA Daily ETF Price Performance

GraniteShares 2x Long MARA Daily ETF stock opened at $44.97 on Friday. The stock’s 50 day moving average price is $40.23 and its 200 day moving average price is $50.70. GraniteShares 2x Long MARA Daily ETF has a 1-year low of $22.14 and a 1-year high of $366.30. The company has a market cap of $50.37 million, a PE ratio of -374.75 and a beta of 7.95.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Mirae Asset Securities USA Inc. acquired a new stake in shares of GraniteShares 2x Long MARA Daily ETF in the first quarter valued at about $172,000. Sara Bay Financial grew its position in GraniteShares 2x Long MARA Daily ETF by 30.5% during the first quarter. Sara Bay Financial now owns 174,363 shares of the company’s stock worth $500,000 after buying an additional 40,783 shares during the period. Finally, Optiver Holding B.V. increased its holdings in GraniteShares 2x Long MARA Daily ETF by 128.4% in the first quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock valued at $202,000 after buying an additional 39,586 shares in the last quarter. 0.42% of the stock is owned by institutional investors and hedge funds.

About GraniteShares 2x Long MARA Daily ETF

(Get Free Report)

GraniteShares 2x Long MARA 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 MARA holdings Inc

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