GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Sees Large Decline in Short Interest

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 5,400 shares, a drop of 21.7% from the December 15th total of 6,900 shares. Based on an average daily volume of 153,600 shares, the short-interest ratio is currently 0.0 days.

GraniteShares 2x Long MSFT Daily ETF Trading Up 2.0 %

Shares of GraniteShares 2x Long MSFT Daily ETF stock traded up $0.48 during trading on Friday, hitting $23.99. 123,104 shares of the company were exchanged, compared to its average volume of 99,819. GraniteShares 2x Long MSFT Daily ETF has a fifty-two week low of $20.37 and a fifty-two week high of $30.40. The firm has a 50 day moving average price of $24.27 and a 200 day moving average price of $24.51.

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.