GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP) Stock Short Interest Climbs 123.8%

GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 11,154 shares, a growth of 123.8% from the September 15th total of 4,983 shares. Currently, 1.9% of the company’s stock are sold short. Based on an average trading volume of 47,984 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GraniteShares 2x Long MSTR Daily ETF stock. Optiver Holding B.V. raised its holdings in GraniteShares 2x Long MSTR Daily ETF (NASDAQ:MSTP – Free Report) by 1,553.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 523,444 shares of the company’s stock after buying an additional 491,782 shares during the period. Optiver Holding B.V. owned about 237.93% of GraniteShares 2x Long MSTR Daily ETF worth $756,000 at the end of the most recent quarter.

GraniteShares 2x Long MSTR Daily ETF Stock Performance

MSTP traded down $0.58 during trading hours on Thursday, hitting $23.57. 20,284 shares of the company’s stock were exchanged, compared to its average volume of 70,747. The stock’s 50-day moving average is $23.14 and its two-hundred day moving average is $27.46. GraniteShares 2x Long MSTR Daily ETF has a 1-year low of $10.13 and a 1-year high of $254.20.

About GraniteShares 2x Long MSTR Daily ETF

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long MSTR Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, software and services sectors. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

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