GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) Sees Large Drop in Short Interest

Posted by Latisha Jones on Dec 29th, 2025

GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Get Free Report) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 24,012 shares, a drop of 31.0% from the November 30th total of 34,781 shares. Based on an average trading volume of 97,235 shares, the days-to-cover ratio is currently 0.2 days. Approximately 10.0% of the shares of the company are sold short. Approximately 10.0% of the shares of the company are sold short. Based on an average trading volume of 97,235 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long RIVN Daily ETF Price Performance

Shares of GraniteShares 2x Long RIVN Daily ETF stock traded down $0.76 during trading on Monday, hitting $62.98. 24,304 shares of the company’s stock traded hands, compared to its average volume of 45,790. GraniteShares 2x Long RIVN Daily ETF has a twelve month low of $24.49 and a twelve month high of $75.17. The firm’s fifty day moving average price is $42.92 and its 200 day moving average price is $36.38.

Institutional Inflows and Outflows

An institutional investor recently raised its position in GraniteShares 2x Long RIVN Daily ETF stock. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Free Report) by 3.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,503 shares of the company’s stock after acquiring an additional 252 shares during the quarter. Optiver Holding B.V. owned about 3.13% of GraniteShares 2x Long RIVN Daily ETF worth $281,000 as of its most recent SEC filing.

About GraniteShares 2x Long RIVN Daily ETF

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long RIVN Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.