Short Interest in GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Decreases By 51.8%

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTLGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 289,448 shares, a decrease of 51.8% from the July 30th total of 600,403 shares. Based on an average daily trading volume, of 902,271 shares, the short-interest ratio is currently 0.3 days. Approximately 10.6% of the company’s shares are short sold.

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

A number of large investors have recently bought and sold shares of RDTL. HRT Financial LP purchased a new stake in shares of GraniteShares 2x Long RDDT Daily ETF during the fourth quarter valued at approximately $249,000. Renaissance Technologies LLC purchased a new position in shares of GraniteShares 2x Long RDDT Daily ETF in the first quarter worth $262,000. Simplex Trading LLC bought a new stake in GraniteShares 2x Long RDDT Daily ETF during the 4th quarter valued at $388,000. Finally, Susquehanna International Group LLP raised its holdings in GraniteShares 2x Long RDDT Daily ETF by 44.0% during the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock valued at $2,074,000 after buying an additional 10,838 shares during the last quarter.

GraniteShares 2x Long RDDT Daily ETF Stock Down 1.6%

Shares of RDTL traded down $0.22 during trading hours on Friday, hitting $13.51. The company had a trading volume of 415,086 shares, compared to its average volume of 644,546. GraniteShares 2x Long RDDT Daily ETF has a 52-week low of $10.89 and a 52-week high of $89.84. The stock’s 50 day moving average price is $19.34 and its 200 day moving average price is $18.63.

GraniteShares 2x Long RDDT Daily ETF Company Profile

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long RDDT 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 information technology, designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services sectors. It uses derivatives such as swaps to create its portfolio.

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