Short Interest in GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) Rises By 77.0%

GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 255,463 shares, a growth of 77.0% from the January 29th total of 144,314 shares. Currently, 14.0% of the shares of the company are sold short. Based on an average daily trading volume, of 330,704 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 330,704 shares, the days-to-cover ratio is presently 0.8 days. Currently, 14.0% of the shares of the company are sold short.

GraniteShares 2x Long LCID Daily ETF Stock Down 10.0%

GraniteShares 2x Long LCID Daily ETF stock traded down $0.29 during mid-day trading on Friday, reaching $2.61. The company’s stock had a trading volume of 251,048 shares, compared to its average volume of 324,632. GraniteShares 2x Long LCID Daily ETF has a 12-month low of $2.17 and a 12-month high of $41.67. The firm’s fifty day moving average price is $3.20 and its two-hundred day moving average price is $8.57.

GraniteShares 2x Long LCID Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long LCID 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 automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.