GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Short Interest Update

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) saw a significant growth in short interest in September. As of September 15th, there was short interest totalling 1,000 shares, a growth of 25.0% from the August 31st total of 800 shares. Based on an average trading volume of 137,000 shares, the short-interest ratio is currently 0.0 days.

GraniteShares 2x Long AMZN Daily ETF Stock Performance

Shares of NASDAQ AMZZ opened at $26.41 on Monday. The company has a market cap of $25.35 million, a P/E ratio of -434.45 and a beta of 2.84. The company has a fifty day moving average of $24.43. GraniteShares 2x Long AMZN Daily ETF has a 52-week low of $17.51 and a 52-week high of $31.79.

Hedge Funds Weigh In On GraniteShares 2x Long AMZN Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long AMZN Daily ETF stock. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 33,092 shares of the company’s stock, valued at approximately $878,000. IMC Chicago LLC owned about 20.68% of GraniteShares 2x Long AMZN Daily ETF as of its most recent filing with the Securities and Exchange Commission.

About GraniteShares 2x Long AMZN Daily ETF

The GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZZ was launched on Mar 4, 2024 and is issued by GraniteShares.