GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) Sees Large Increase in Short Interest

GraniteShares 2x Long CRWD Daily ETF (NASDAQ:CRWL) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 106,262 shares, a growth of 91.9% from the May 31st total of 55,363 shares. Approximately 6.0% of the company’s shares are short sold. Based on an average daily volume of 290,549 shares, the short-interest ratio is presently 0.4 days.

GraniteShares 2x Long CRWD Daily ETF Price Performance

GraniteShares 2x Long CRWD Daily ETF stock remained flat at $65.40 during midday trading on Friday. 118,397 shares of the company were exchanged, compared to its average volume of 261,801. GraniteShares 2x Long CRWD Daily ETF has a 12 month low of $15.25 and a 12 month high of $70.21. The stock has a 50-day simple moving average of $46.32 and a two-hundred day simple moving average of $32.36.

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

Several hedge funds and other institutional investors have recently modified their holdings of CRWL. Optiver Holding B.V. purchased a new stake in GraniteShares 2x Long CRWD Daily ETF in the first quarter worth $715,000. Jane Street Group LLC boosted its stake in shares of GraniteShares 2x Long CRWD Daily ETF by 42.9% during the first quarter. Jane Street Group LLC now owns 13,041 shares of the company’s stock valued at $294,000 after purchasing an additional 3,917 shares during the period. Finally, Group One Trading LLC grew its holdings in shares of GraniteShares 2x Long CRWD Daily ETF by 343.4% in the fourth quarter. Group One Trading LLC now owns 3,237 shares of the company’s stock worth $100,000 after purchasing an additional 2,507 shares during the last quarter.

GraniteShares 2x Long CRWD Daily ETF Company Profile

The GraniteShares 2x Long CRWD Daily ETF (CRWL) 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 CrowdStrike Holdings Inc (ticker: CRWD) stock. CRWL was launched on Nov 11, 2024 and is issued by GraniteShares.