GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL – Get Free Report) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 38,124,243 shares, a growth of 3,430.2% from the June 30th total of 1,079,940 shares. Approximately 554.9% of the company’s shares are short sold. Based on an average trading volume of 18,423,742 shares, the short-interest ratio is currently 2.1 days.
GraniteShares 2x Long LCID Daily ETF Price Performance
NASDAQ LCDL remained flat at $0.29 during trading hours on Friday. GraniteShares 2x Long LCID Daily ETF has a 52-week low of $0.04 and a 52-week high of $41.67. The firm’s 50 day moving average price is $0.64 and its two-hundred day moving average price is $1.77.
Hedge Funds Weigh In On GraniteShares 2x Long LCID Daily ETF
An institutional investor recently raised its stake in GraniteShares 2x Long LCID Daily ETF stock. Optiver Holding B.V. lifted its position in shares of GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL – Free Report) by 506.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83,968 shares of the company’s stock after buying an additional 70,131 shares during the period. Optiver Holding B.V. owned approximately 1.22% of GraniteShares 2x Long LCID Daily ETF worth $188,000 as of its most recent SEC filing.
About GraniteShares 2x Long LCID Daily ETF
GraniteShares ETF Trust – GraniteShares 2x Long LCID 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 automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.
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