Short Interest in GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Drops By 91.4%

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDDGet Free Report) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 953 shares, a decline of 91.4% from the May 31st total of 11,045 shares. Currently, 3.2% of the shares of the company are short sold. Based on an average daily trading volume, of 24,584 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On GraniteShares 2x Short MSTR Daily ETF

An institutional investor recently raised its stake in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. raised its stake in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDDFree Report) by 57.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,050 shares of the company’s stock after buying an additional 1,478 shares during the period. Optiver Holding B.V. owned about 13.50% of GraniteShares 2x Short MSTR Daily ETF worth $276,000 as of its most recent SEC filing.

GraniteShares 2x Short MSTR Daily ETF Price Performance

Shares of NASDAQ MSDD opened at $47.88 on Friday. The firm’s 50-day moving average price is $37.71 and its 200-day moving average price is $61.05. GraniteShares 2x Short MSTR Daily ETF has a 52-week low of $17.13 and a 52-week high of $156.71.

About GraniteShares 2x Short MSTR Daily ETF

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Short MSTR Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology and software. It uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. GraniteShares ETF Trust – GraniteShares 2x Short MSTR Daily ETF is domiciled in the United States.

Featured Articles

Receive News & Ratings for GraniteShares 2x Short MSTR Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Short MSTR Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.