AdvisorShares MSOX 2X Daily ETF Sees Unusually Large Options Volume (NYSEARCA:MSOX)

AdvisorShares MSOX 2X Daily ETF (NYSEARCA:MSOX) saw unusually large options trading on Thursday. Traders acquired 5,465 call options on the stock. This represents an increase of approximately 228% compared to the average daily volume of 1,667 call options.

AdvisorShares MSOX 2X Daily ETF Price Performance

NYSEARCA MSOX traded down $0.03 during trading on Friday, hitting $2.64. 1,679,125 shares of the company’s stock traded hands, compared to its average volume of 2,257,925. AdvisorShares MSOX 2X Daily ETF has a 12-month low of $1.65 and a 12-month high of $13.15. The business has a 50 day moving average of $2.78 and a 200-day moving average of $2.89.

Institutional Trading of AdvisorShares MSOX 2X Daily ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. IMC Chicago LLC purchased a new stake in AdvisorShares MSOX 2X Daily ETF during the 4th quarter worth about $576,000. Group One Trading LLC increased its position in shares of AdvisorShares MSOX 2X Daily ETF by 30.3% during the third quarter. Group One Trading LLC now owns 52,713 shares of the company’s stock valued at $409,000 after buying an additional 12,260 shares during the period. Pacific Excel Wealth Advisors Inc. purchased a new stake in shares of AdvisorShares MSOX 2X Daily ETF in the second quarter worth about $111,000. StoneX Group Inc. purchased a new stake in shares of AdvisorShares MSOX 2X Daily ETF in the second quarter worth about $38,000. Finally, SG Americas Securities LLC purchased a new stake in shares of AdvisorShares MSOX 2X Daily ETF in the fourth quarter worth about $46,000.

About AdvisorShares MSOX 2X Daily ETF

The Advisorshares Msos 2x Daily ETF (MSOX) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund-of-fund that seeks to achieve 2x the daily total return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements. MSOX was launched on Aug 23, 2022 and is managed by AdvisorShares.