GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Short Interest Update

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 43,681 shares, a drop of 94.1% from the April 15th total of 744,423 shares. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,147,527 shares, the short-interest ratio is presently 0.0 days.

GraniteShares 2x Long MRVL Daily ETF Stock Performance

Shares of MVLL stock traded up $10.75 on Wednesday, reaching $78.05. The company had a trading volume of 1,601,765 shares, compared to its average volume of 596,496. The company has a 50-day moving average of $39.45 and a 200-day moving average of $28.00. GraniteShares 2x Long MRVL Daily ETF has a 12 month low of $12.96 and a 12 month high of $81.42.

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

Hedge funds have recently bought and sold shares of the company. Optiver Holding B.V. grew its holdings in shares of GraniteShares 2x Long MRVL Daily ETF by 225.1% in the 3rd quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock valued at $519,000 after buying an additional 15,196 shares during the period. Simplex Trading LLC raised its stake in GraniteShares 2x Long MRVL Daily ETF by 269.4% during the 4th quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock worth $100,000 after buying an additional 3,394 shares during the period. Group One Trading LLC lifted its holdings in GraniteShares 2x Long MRVL Daily ETF by 185.8% during the third quarter. Group One Trading LLC now owns 4,064 shares of the company’s stock worth $96,000 after acquiring an additional 2,642 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in GraniteShares 2x Long MRVL Daily ETF by 110.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock worth $54,000 after acquiring an additional 1,196 shares in the last quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

GraniteShares 2x Long MRVL 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 Marvell Technology, inc.