GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Short Interest Down 26.6% in October

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZGet Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 16,800 shares, a drop of 26.6% from the September 30th total of 22,900 shares. Based on an average daily volume of 112,600 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long AMZN Daily ETF Price Performance

AMZZ stock opened at $26.18 on Monday. The company has a 50 day moving average price of $25.31 and a 200 day moving average price of $26.25. GraniteShares 2x Long AMZN Daily ETF has a fifty-two week low of $17.51 and a fifty-two week high of $31.79. The stock has a market capitalization of $24.35 million, a PE ratio of -430.66 and a beta of 2.84.

About GraniteShares 2x Long AMZN Daily ETF

(Get Free Report)

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.

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