GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) Short Interest Down 96.8% in November

GraniteShares 2x Long MSFT Daily ETF (NASDAQ:MSFL) saw a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 4,300 shares, a drop of 96.8% from the October 31st total of 136,000 shares. Based on an average daily volume of 131,000 shares, the short-interest ratio is currently 0.0 days.

GraniteShares 2x Long MSFT Daily ETF Trading Down 2.4 %

GraniteShares 2x Long MSFT Daily ETF stock traded down $0.59 during midday trading on Thursday, hitting $23.68. 62,227 shares of the company’s stock were exchanged, compared to its average volume of 79,108. GraniteShares 2x Long MSFT Daily ETF has a 12-month low of $20.37 and a 12-month high of $30.40. The firm’s 50 day simple moving average is $23.77 and its 200 day simple moving average is $24.90.

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.