GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL – Get Free Report) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 858,517 shares, a growth of 15.8% from the February 12th total of 741,673 shares. Currently, 21.3% of the company’s shares are short sold. Based on an average trading volume of 764,464 shares, the days-to-cover ratio is presently 1.1 days. Based on an average trading volume of 764,464 shares, the days-to-cover ratio is presently 1.1 days. Currently, 21.3% of the company’s shares are short sold.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. Simplex Trading LLC increased its stake in shares of GraniteShares 2x Long MSFT Daily ETF by 1,675.2% in the second quarter. Simplex Trading LLC now owns 3,799 shares of the company’s stock worth $114,000 after buying an additional 3,585 shares during the period. Woodward Diversified Capital LLC purchased a new stake in GraniteShares 2x Long MSFT Daily ETF during the 4th quarter valued at $202,000. Jane Street Group LLC bought a new stake in GraniteShares 2x Long MSFT Daily ETF in the 2nd quarter worth $233,000. IMC Chicago LLC bought a new stake in GraniteShares 2x Long MSFT Daily ETF in the 4th quarter worth $297,000. Finally, Susquehanna International Group LLP purchased a new position in shares of GraniteShares 2x Long MSFT Daily ETF in the third quarter valued at about $480,000.
GraniteShares 2x Long MSFT Daily ETF Stock Performance
MSFL opened at $17.86 on Wednesday. The stock’s 50 day simple moving average is $20.61 and its 200 day simple moving average is $26.50. GraniteShares 2x Long MSFT Daily ETF has a 1 year low of $14.97 and a 1 year high of $36.97.
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.
See Also
Receive News & Ratings for GraniteShares 2x Long MSFT Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long MSFT Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
