GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Short Interest Up 298.8% in October

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 136,000 shares, a growth of 298.8% from the October 15th total of 34,100 shares. Based on an average trading volume of 118,400 shares, the short-interest ratio is currently 1.1 days.

GraniteShares 2x Long MSFT Daily ETF Trading Up 2.4 %

Shares of NASDAQ:MSFL traded up $0.56 during trading on Tuesday, hitting $23.73. The stock had a trading volume of 123,024 shares, compared to its average volume of 76,135. GraniteShares 2x Long MSFT Daily ETF has a 12-month low of $20.37 and a 12-month high of $30.40. The stock has a 50-day simple moving average of $23.89 and a two-hundred day simple moving average of $24.91.

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.