Short Interest in GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) Grows By 23.1%

GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 5,339 shares, a growth of 23.1% from the February 12th total of 4,337 shares. Currently, 17.8% of the company’s stock are short sold. Based on an average daily trading volume, of 5,422 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 5,422 shares, the short-interest ratio is currently 1.0 days. Currently, 17.8% of the company’s stock are short sold.

Institutional Trading of GraniteShares 2x Short MSTR Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Short MSTR Daily ETF stock. Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Short MSTR Daily ETF (NASDAQ:MSDD) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 17,016 shares of the company’s stock, valued at approximately $492,000. Optiver Holding B.V. owned 56.72% of GraniteShares 2x Short MSTR Daily ETF as of its most recent SEC filing.

GraniteShares 2x Short MSTR Daily ETF Trading Down 3.7%

Shares of NASDAQ:MSDD opened at $48.94 on Wednesday. GraniteShares 2x Short MSTR Daily ETF has a 12 month low of $17.13 and a 12 month high of $156.71. The company’s fifty day moving average price is $74.66 and its 200 day moving average price is $59.37.

About GraniteShares 2x Short MSTR Daily ETF

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.