GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Shares Shorted: Short Interest Down 57.1% in September

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

GraniteShares 2x Long MRVL Daily ETF Price Performance

Shares of GraniteShares 2x Long MRVL Daily ETF stock traded up $2.86 during trading on Tuesday, hitting $35.52. The stock had a trading volume of 1,734,935 shares, compared to its average volume of 3,580,693. GraniteShares 2x Long MRVL Daily ETF has a 12 month low of $4.83 and a 12 month high of $77.67. The firm’s fifty day simple moving average is $27.45 and its 200-day simple moving average is $28.42.

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.