GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) Short Interest Update

GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 310,187 shares, a decrease of 46.3% from the May 31st total of 577,117 shares. Based on an average trading volume of 4,531,043 shares, the days-to-cover ratio is presently 0.1 days. Approximately 7.5% of the company’s shares are sold short.

GraniteShares 2x Long MRVL Daily ETF Trading Up 8.7%

GraniteShares 2x Long MRVL Daily ETF stock opened at $50.08 on Tuesday. GraniteShares 2x Long MRVL Daily ETF has a fifty-two week low of $4.32 and a fifty-two week high of $77.67. The firm has a 50 day moving average price of $37.42 and a 200 day moving average price of $18.08.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GraniteShares 2x Long MRVL Daily ETF stock. Simplex Trading LLC lifted its position in GraniteShares 2x Long MRVL Daily ETF (NASDAQ:MVLL) by 269.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,654 shares of the company’s stock after buying an additional 3,394 shares during the quarter. Simplex Trading LLC owned approximately 0.20% of GraniteShares 2x Long MRVL Daily ETF worth $100,000 at the end of the most recent reporting period.

About GraniteShares 2x Long MRVL Daily ETF

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.