Short Interest in GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Grows By 91.9%

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 106,262 shares, an increase of 91.9% from the May 31st total of 55,363 shares. Approximately 6.0% of the shares of the stock are sold short. Based on an average trading volume of 290,549 shares, the days-to-cover ratio is currently 0.4 days.

GraniteShares 2x Long CRWD Daily ETF Price Performance

Shares of GraniteShares 2x Long CRWD Daily ETF stock traded up $2.12 during trading hours on Wednesday, hitting $65.94. The company’s stock had a trading volume of 87,348 shares, compared to its average volume of 262,746. The business has a 50 day moving average price of $44.64 and a two-hundred day moving average price of $31.96. GraniteShares 2x Long CRWD Daily ETF has a 12-month low of $15.25 and a 12-month high of $70.21.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CRWL. Optiver Holding B.V. bought a new position in GraniteShares 2x Long CRWD Daily ETF in the 1st quarter worth approximately $715,000. Group One Trading LLC raised its position in shares of GraniteShares 2x Long CRWD Daily ETF by 343.4% during the fourth quarter. Group One Trading LLC now owns 3,237 shares of the company’s stock valued at $100,000 after buying an additional 2,507 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% in the first quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock worth $294,000 after buying an additional 3,917 shares in the last quarter.

About GraniteShares 2x Long CRWD Daily ETF

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.