GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) Short Interest Update

GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 27,414 shares, a drop of 20.8% from the January 15th total of 34,612 shares. Approximately 2.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 146,883 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 146,883 shares, the short-interest ratio is presently 0.2 days. Approximately 2.2% of the shares of the stock are short sold.

GraniteShares 2x Long UBER Daily ETF Trading Down 3.6%

Shares of UBRL traded down $0.57 during mid-day trading on Monday, reaching $15.20. The company’s stock had a trading volume of 133,681 shares, compared to its average volume of 181,006. GraniteShares 2x Long UBER Daily ETF has a 52 week low of $14.86 and a 52 week high of $38.35. The company’s fifty day moving average price is $21.71 and its two-hundred day moving average price is $28.43.

GraniteShares 2x Long UBER Daily ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were issued a $2.2162 dividend. The ex-dividend date was Monday, December 29th. This represents a c) annualized dividend and a dividend yield of 175.0%.

Hedge Funds Weigh In On GraniteShares 2x Long UBER Daily ETF

Several hedge funds and other institutional investors have recently modified their holdings of UBRL. Group One Trading LLC purchased a new position in GraniteShares 2x Long UBER Daily ETF during the 3rd quarter valued at about $248,000. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long UBER Daily ETF by 267.1% during the third quarter. Optiver Holding B.V. now owns 18,579 shares of the company’s stock valued at $657,000 after purchasing an additional 13,518 shares during the last quarter. Finally, Genesis Financial Group LLC bought a new stake in shares of GraniteShares 2x Long UBER Daily ETF in the 4th quarter worth approximately $1,504,000.

GraniteShares 2x Long UBER Daily ETF Company Profile

The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.