GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Sees Significant Decrease in Short Interest

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 133,250 shares, a drop of 34.2% from the June 30th total of 202,606 shares. Based on an average trading volume of 121,032 shares, the days-to-cover ratio is presently 1.1 days. Currently, 18.5% of the company’s shares are short sold.

GraniteShares 2x Long CRWD Daily ETF Stock Up 2.3%

Shares of NASDAQ:CRWL traded up $1.30 during trading on Friday, reaching $59.00. 27,794 shares of the stock were exchanged, compared to its average volume of 238,769. The firm’s 50-day moving average price is $58.42 and its 200 day moving average price is $36.85. GraniteShares 2x Long CRWD Daily ETF has a 12-month low of $15.25 and a 12-month high of $80.52.

Institutional Investors Weigh In On GraniteShares 2x Long CRWD Daily ETF

Several institutional investors have recently bought and sold shares of the business. Jane Street Group LLC increased its position 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 acquiring an additional 3,917 shares in the last quarter. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long CRWD Daily ETF in the 2nd quarter valued at $85,000. Finally, Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Long CRWD Daily ETF in the 1st quarter valued at $715,000.

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.