GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) Short Interest Update

GraniteShares 2x Long AMZN Daily ETF (NASDAQ:AMZZ) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 25,200 shares, an increase of 40.8% from the December 15th total of 17,900 shares. Based on an average daily trading volume, of 140,500 shares, the short-interest ratio is currently 0.2 days.

GraniteShares 2x Long AMZN Daily ETF Stock Up 5.0 %

Shares of NASDAQ:AMZZ opened at $35.60 on Thursday. The business has a fifty day simple moving average of $34.14 and a 200-day simple moving average of $28.77. GraniteShares 2x Long AMZN Daily ETF has a 52 week low of $17.51 and a 52 week high of $39.20. The company has a market cap of $30.97 million, a P/E ratio of -585.62 and a beta of 2.84.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in GraniteShares 2x Long AMZN Daily ETF stock. Hollencrest Capital Management bought 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 bought 1,000 shares of the company’s stock, valued at approximately $26,000. Hollencrest Capital Management owned approximately 0.11% 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.