Short Interest in Grizzle Growth ETF (NYSEARCA:DARP) Grows By 139.0%

Grizzle Growth ETF (NYSEARCA:DARP) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 25,333 shares, a growth of 139.0% from the July 30th total of 10,601 shares. Approximately 4.2% of the shares of the company are sold short. Based on an average trading volume of 21,257 shares, the short-interest ratio is presently 1.2 days.

Grizzle Growth ETF Stock Performance

NYSEARCA:DARP remained flat at $57.98 on Friday. The company’s stock had a trading volume of 12,265 shares, compared to its average volume of 10,629. The business has a 50-day moving average price of $57.07 and a 200-day moving average price of $54.39. The stock has a market cap of $35.37 million, a PE ratio of 35.38 and a beta of 1.27. Grizzle Growth ETF has a fifty-two week low of $35.04 and a fifty-two week high of $61.76.

Hedge Funds Weigh In On Grizzle Growth ETF

An institutional investor recently bought a new stake in Grizzle Growth ETF stock. Tidal Investments LLC purchased a new stake in Grizzle Growth ETF (NYSEARCA:DARP) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF at the end of the most recent quarter.

About Grizzle Growth ETF

The Grizzle Growth ETF (DARP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. DARP was launched on Dec 17, 2021 and is issued by Grizzle.