GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) Short Interest Update

GraniteShares 2x Long MARA Daily ETF (NASDAQ:MRAL) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 22,910 shares, a decrease of 63.7% from the August 15th total of 63,057 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average trading volume of 205,123 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On GraniteShares 2x Long MARA Daily ETF

Several large investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP lifted its position in shares of GraniteShares 2x Long MARA Daily ETF by 8.1% in the third quarter. Susquehanna International Group LLP now owns 23,685 shares of the company’s stock valued at $548,000 after acquiring an additional 1,779 shares in the last quarter. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long MARA Daily ETF during the 3rd quarter valued at approximately $58,000. HighTower Advisors LLC grew its stake in shares of GraniteShares 2x Long MARA Daily ETF by 23.2% in the 4th quarter. HighTower Advisors LLC now owns 53,508 shares of the company’s stock worth $246,000 after buying an additional 10,063 shares in the last quarter. HUB Investment Partners LLC grew its position in GraniteShares 2x Long MARA Daily ETF by 58.3% in the second quarter. HUB Investment Partners LLC now owns 71,030 shares of the company’s stock worth $1,410,000 after acquiring an additional 26,170 shares in the last quarter. Finally, Optiver Holding B.V. lifted its stake in shares of GraniteShares 2x Long MARA Daily ETF by 128.4% in the 1st quarter. Optiver Holding B.V. now owns 70,408 shares of the company’s stock valued at $202,000 after purchasing an additional 39,586 shares during the last quarter. Hedge funds and other institutional investors own 0.42% of the company’s stock.

GraniteShares 2x Long MARA Daily ETF Price Performance

Shares of NASDAQ:MRAL traded up $3.73 during trading on Friday, hitting $42.21. The company’s stock had a trading volume of 113,387 shares, compared to its average volume of 141,581. GraniteShares 2x Long MARA Daily ETF has a 12 month low of $22.14 and a 12 month high of $366.30. The firm has a market cap of $42.63 million, a price-to-earnings ratio of -351.75 and a beta of 7.95. The company has a 50-day moving average of $41.83 and a 200-day moving average of $49.97.

About GraniteShares 2x Long MARA Daily ETF

GraniteShares 2x Long MARA Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of MARA holdings Inc