GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Short Interest Up 109.4% in April

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZGet Free Report) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 91,300 shares, a growth of 109.4% from the March 31st total of 43,600 shares. Approximately 6.2% of the company’s shares are sold short. Based on an average daily trading volume, of 355,700 shares, the short-interest ratio is currently 0.3 days.

GraniteShares 2x Long AMZN Daily ETF Stock Up 2.5 %

AMZZ stock opened at $23.59 on Monday. GraniteShares 2x Long AMZN Daily ETF has a twelve month low of $17.51 and a twelve month high of $41.70. The company has a market cap of $34.68 million, a P/E ratio of -388.06 and a beta of 2.84. The business has a fifty day moving average of $25.92 and a 200-day moving average of $31.06.

Institutional Trading of GraniteShares 2x Long AMZN Daily ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management bought a new position in shares of GraniteShares 2x Long AMZN Daily ETF in the 4th quarter valued at about $38,000. Optiver Holding B.V. lifted its holdings in GraniteShares 2x Long AMZN Daily ETF by 326.1% in the fourth quarter. Optiver Holding B.V. now owns 80,848 shares of the company’s stock valued at $2,794,000 after buying an additional 61,874 shares during the period. Jane Street Group LLC acquired a new position in GraniteShares 2x Long AMZN Daily ETF in the fourth quarter valued at approximately $351,000. Finally, IMC Chicago LLC bought a new position in GraniteShares 2x Long AMZN Daily ETF in the first quarter valued at approximately $697,000.

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.

See Also

Receive News & Ratings for GraniteShares 2x Long AMZN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long AMZN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.