GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Short Interest Down 57.0% in November

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 16,900 shares, a decrease of 57.0% from the November 15th total of 39,300 shares. Based on an average daily volume of 142,800 shares, the days-to-cover ratio is presently 0.1 days.

GraniteShares 2x Long AMZN Daily ETF Stock Performance

NASDAQ:AMZZ opened at $37.40 on Friday. The firm has a market cap of $34.41 million, a PE ratio of -615.23 and a beta of 2.84. GraniteShares 2x Long AMZN Daily ETF has a fifty-two week low of $17.51 and a fifty-two week high of $38.65. The business has a 50 day moving average price of $29.97 and a 200-day moving average price of $27.40.

Institutional Trading of GraniteShares 2x Long AMZN Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long AMZN Daily ETF stock. Flow Traders U.S. LLC purchased a new stake in shares of GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,861 shares of the company’s stock, valued at approximately $386,000. Flow Traders U.S. LLC owned approximately 1.62% of GraniteShares 2x Long AMZN Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long AMZN Daily ETF Company Profile

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.