GraniteShares 2x Short COIN Daily ETF (NASDAQ:CONI) Sees Large Drop in Short Interest

Posted by James Quigley on May 15th, 2026

GraniteShares 2x Short COIN Daily ETF (NASDAQ:CONI – Get Free Report) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 11,807 shares, a decline of 63.5% from the April 15th total of 32,347 shares. Based on an average daily volume of 240,875 shares, the short-interest ratio is currently 0.0 days. Currently, 3.1% of the shares of the company are short sold.

GraniteShares 2x Short COIN Daily ETF Price Performance

Shares of NASDAQ:CONI traded up $5.69 on Friday, hitting $41.42. The company had a trading volume of 642,664 shares, compared to its average volume of 240,955. GraniteShares 2x Short COIN Daily ETF has a 1-year low of $28.40 and a 1-year high of $141.65. The stock has a 50 day moving average price of $51.91 and a 200 day moving average price of $60.14.

Hedge Funds Weigh In On GraniteShares 2x Short COIN Daily ETF

Several institutional investors and hedge funds have recently modified their holdings of CONI. Flow Traders U.S. LLC acquired a new position in shares of GraniteShares 2x Short COIN Daily ETF in the second quarter valued at about $271,000. StoneX Group Inc. acquired a new position in shares of GraniteShares 2x Short COIN Daily ETF in the second quarter valued at about $40,000. Jump Financial LLC acquired a new position in shares of GraniteShares 2x Short COIN Daily ETF in the second quarter valued at about $1,554,000. Jane Street Group LLC grew its stake in shares of GraniteShares 2x Short COIN Daily ETF by 355.6% in the second quarter. Jane Street Group LLC now owns 201,460 shares of the company’s stock valued at $486,000 after acquiring an additional 157,242 shares in the last quarter. Finally, Vienna Asset Management LLC acquired a new position in shares of GraniteShares 2x Short COIN Daily ETF in the second quarter valued at about $145,000.

About GraniteShares 2x Short COIN Daily ETF

(Get Free Report)

The GraniteShares 1x Short COIN Daily ETF (CONI) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1x inverse exposure, less fees and expenses, to the daily price movement for shares of Coinbase Global, Inc stock. CONI was launched on Sep 3, 2024 and is issued by GraniteShares.