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CRWL Short Interest Rises: GraniteShares 2x Long CRWD Daily ETF Update

GraniteShares 2x Long CRWD Daily ETF (CRWL) short interest rose 24.6% in January to 158,766 shares. Learn what this means for traders now.

DWN Staff

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GraniteShares 2x Long CRWD Daily ETF (NASDAQ: CRWL) saw a notable uptick in short interest in mid-January, signaling increased attention from bearish traders and hedgers. As of January 15th, short interest stood at 158,766 shares, up 24.6% from the December 31st total of 127,372 shares.

Short interest is a key metric investors use to gauge market sentiment. For CRWL, the growth in short positions suggests some market participants are positioning for downside in the leveraged ETF tied to CrowdStrike (CRWD) moves, or are using CRWL as a hedge. While a rise in short interest can indicate skepticism, it can also reflect temporary trading strategies tied to volatility or changes in the underlying stock.

Trading volume context matters: CRWL averaged roughly 150,624 shares traded daily during the period. Dividing short interest by average daily volume gives a days-to-cover figure of about 1.05 trading days. A low days-to-cover value like this means shorts could be covered relatively quickly, which usually limits the risk of a prolonged short squeeze—but it doesn’t eliminate short-term volatility.

What this means for investors and traders depends on their time horizon and risk tolerance. Short interest growth can amplify price action in a leveraged ETF, so traders should watch intraday volatility and broader headlines around CrowdStrike and the cybersecurity sector. Quarterly short interest updates, daily volume patterns, and SEC filings can provide ongoing visibility into positioning trends.

Important considerations: leveraged ETFs such as CRWL are designed for short-term exposure and can diverge from the performance of the underlying stock over longer periods due to daily rebalancing. Increased short interest may heighten near-term volatility but is not a standalone signal to buy or sell.

Bottom line: CRWL’s 24.6% rise in short interest to 158,766 shares, combined with average volume near 150,624 shares, points to modestly increased bearish positioning with a low days-to-cover ratio. Investors should monitor upcoming short interest releases, trading volume shifts, and news on CrowdStrike to better understand evolving market sentiment. This update is informational and not investment advice.

Published on: February 3, 2026, 9:05 am

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