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

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 497,055 shares, a growth of 323.9% from the January 15th total of 117,256 shares. Approximately 12.3% of the company’s shares are short sold. Based on an average trading volume of 994,634 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 994,634 shares, the days-to-cover ratio is presently 0.5 days. Approximately 12.3% of the company’s shares are short sold.

Institutional Trading of GraniteShares 2x Long MSFT Daily ETF

Several large investors have recently made changes to their positions in MSFL. Simplex Trading LLC raised its holdings in shares of GraniteShares 2x Long MSFT Daily ETF by 1,675.2% in the 2nd quarter. Simplex Trading LLC now owns 3,799 shares of the company’s stock worth $114,000 after acquiring an additional 3,585 shares during the last quarter. Jane Street Group LLC acquired a new position in GraniteShares 2x Long MSFT Daily ETF during the 2nd quarter valued at about $233,000. Susquehanna International Group LLP bought a new stake in GraniteShares 2x Long MSFT Daily ETF during the 3rd quarter worth approximately $480,000. Woodward Diversified Capital LLC bought a new position in shares of GraniteShares 2x Long MSFT Daily ETF in the fourth quarter valued at approximately $202,000. Finally, IMC Chicago LLC purchased a new position in shares of GraniteShares 2x Long MSFT Daily ETF during the fourth quarter valued at approximately $297,000.

GraniteShares 2x Long MSFT Daily ETF Stock Down 1.0%

NASDAQ MSFL traded down $0.19 on Thursday, hitting $18.21. 1,176,328 shares of the company were exchanged, compared to its average volume of 941,329. GraniteShares 2x Long MSFT Daily ETF has a 12 month low of $14.97 and a 12 month high of $36.97. The stock has a fifty day moving average of $24.99 and a 200-day moving average of $28.90.

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.