GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Short Interest Update

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 3,198 shares, a decline of 61.7% from the December 15th total of 8,339 shares. Approximately 10.7% of the company’s shares are short sold. Based on an average trading volume of 1,558 shares, the days-to-cover ratio is presently 2.1 days. Based on an average trading volume of 1,558 shares, the days-to-cover ratio is presently 2.1 days. Approximately 10.7% of the company’s shares are short sold.

Institutional Trading of GraniteShares 2x Short MSTR Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 17,016 shares of the company’s stock, valued at approximately $492,000. Optiver Holding B.V. owned 56.72% of GraniteShares 2x Short MSTR Daily ETF as of its most recent filing with the SEC.

GraniteShares 2x Short MSTR Daily ETF Trading Down 7.6%

NASDAQ:MSDD traded down $5.23 during trading hours on Wednesday, reaching $63.87. The company had a trading volume of 5,847 shares, compared to its average volume of 3,916. GraniteShares 2x Short MSTR Daily ETF has a twelve month low of $17.13 and a twelve month high of $93.37. The business’s 50-day simple moving average is $73.13 and its two-hundred day simple moving average is $43.07.

About GraniteShares 2x Short MSTR Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Short 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 and software. 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. GraniteShares ETF Trust – GraniteShares 2x Short MSTR Daily ETF is domiciled in the United States.