GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Stock Falls 8.8% – Here’s Why

GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL – Get Free Report) shares were down 8.8% during mid-day trading on Friday. The stock traded as low as $16.30 and last traded at $16.30. 153,006 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 250,893 shares. The stock had previously closed at $17.87.

GraniteShares 2x Long VRT Daily ETF Price Performance

The business has a 50 day simple moving average of $26.46 and a 200 day simple moving average of $39.47.

Institutional Trading of GraniteShares 2x Long VRT Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long VRT Daily ETF stock. Optiver Holding B.V. raised its stake in GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL – Free Report) by 103.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,116 shares of the company’s stock after acquiring an additional 4,640 shares during the quarter. Optiver Holding B.V. owned about 2.40% of GraniteShares 2x Long VRT Daily ETF worth $924,000 as of its most recent filing with the Securities and Exchange Commission.

About GraniteShares 2x Long VRT Daily ETF

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.

Further Reading

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