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

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLLGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 411,768 shares, a growth of 842.7% from the April 30th total of 43,681 shares. Based on an average daily trading volume, of 970,040 shares, the short-interest ratio is presently 0.4 days. Approximately 10.0% of the shares of the company are short sold.

GraniteShares 2x Long MRVL Daily ETF Stock Performance

NASDAQ MVLL opened at $95.21 on Thursday. GraniteShares 2x Long MRVL Daily ETF has a 52-week low of $12.96 and a 52-week high of $114.62. The company has a 50-day simple moving average of $53.78 and a 200 day simple moving average of $32.64.

Institutional Trading of GraniteShares 2x Long MRVL Daily ETF

Large investors have recently added to or reduced their stakes in the stock. Group One Trading LLC purchased a new stake in GraniteShares 2x Long MRVL Daily ETF during the second quarter worth about $33,000. SBI Securities Co. Ltd. increased its holdings in GraniteShares 2x Long MRVL Daily ETF by 110.2% during the third quarter. SBI Securities Co. Ltd. now owns 2,281 shares of the company’s stock worth $54,000 after buying an additional 1,196 shares during the last quarter. Simplex Trading LLC increased its holdings in GraniteShares 2x Long MRVL Daily ETF by 269.4% during the fourth quarter. Simplex Trading LLC now owns 4,654 shares of the company’s stock worth $100,000 after buying an additional 3,394 shares during the last quarter. Finally, Optiver Holding B.V. increased its holdings in GraniteShares 2x Long MRVL Daily ETF by 225.1% during the third quarter. Optiver Holding B.V. now owns 21,946 shares of the company’s stock worth $519,000 after buying an additional 15,196 shares during the last quarter.

GraniteShares 2x Long MRVL Daily ETF Company Profile

(Get Free Report)

GraniteShares 2x Long MRVL Daily ETF is an ETF incorporated in the United States. The Fund seeks daily investment results, before fees and expenses, of +200% of the daily performance of the common stock of Marvell Technology, inc.

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