GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Short Interest Update

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 741,673 shares, an increase of 49.2% from the January 29th total of 497,055 shares. Approximately 18.4% of the shares of the company are short sold. Based on an average daily trading volume, of 1,499,314 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 1,499,314 shares, the short-interest ratio is currently 0.5 days. Approximately 18.4% of the shares of the company are short sold.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Simplex Trading LLC grew its holdings in shares of GraniteShares 2x Long MSFT Daily ETF by 1,675.2% during the 2nd quarter. Simplex Trading LLC now owns 3,799 shares of the company’s stock worth $114,000 after purchasing an additional 3,585 shares in the last quarter. Woodward Diversified Capital LLC bought a new stake in GraniteShares 2x Long MSFT Daily ETF in the 4th quarter valued at $202,000. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long MSFT Daily ETF in the 2nd quarter valued at $233,000. IMC Chicago LLC bought a new position in GraniteShares 2x Long MSFT Daily ETF during the fourth quarter worth about $297,000. Finally, Susquehanna International Group LLP acquired a new stake in GraniteShares 2x Long MSFT Daily ETF during the third quarter valued at approximately $480,000.

GraniteShares 2x Long MSFT Daily ETF Price Performance

NASDAQ:MSFL traded up $0.48 during trading hours on Monday, hitting $17.82. 1,095,642 shares of the company traded hands, compared to its average volume of 934,745. GraniteShares 2x Long MSFT Daily ETF has a twelve month low of $14.97 and a twelve month high of $36.97. The firm has a 50-day moving average of $22.55 and a 200 day moving average of $27.49.

About GraniteShares 2x Long MSFT Daily ETF

The GraniteShares 2x Long MSFT Daily ETF (MSFL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFL was launched on Mar 4, 2024 and is issued by GraniteShares.