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

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

GraniteShares 2x Long MSFT Daily ETF Trading Up 2.4 %

Shares of MSFL traded up $0.56 during mid-day trading on Tuesday, reaching $23.73. 123,024 shares of the company’s stock traded hands, compared to its average volume of 76,135. The stock’s 50-day moving average is $23.89 and its two-hundred day moving average is $24.91. GraniteShares 2x Long MSFT Daily ETF has a 12 month low of $20.37 and a 12 month high of $30.40.

GraniteShares 2x Long MSFT Daily ETF Company Profile

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.