GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Get Free Report) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 137,236 shares, a decrease of 43.7% from the August 31st total of 243,572 shares. Based on an average daily volume of 625,126 shares, the short-interest ratio is currently 0.2 days. Currently, 3.3% of the company’s stock are short sold.
GraniteShares 2x Long RDDT Daily ETF Trading Up 9.7%
NASDAQ:RDTL traded up $1.10 during mid-day trading on Thursday, hitting $12.42. The company had a trading volume of 671,872 shares, compared to its average volume of 651,574. The business has a fifty day simple moving average of $14.59 and a 200-day simple moving average of $17.94. GraniteShares 2x Long RDDT Daily ETF has a 1 year low of $10.89 and a 1 year high of $65.00.
Hedge Funds Weigh In On GraniteShares 2x Long RDDT Daily ETF
An institutional investor recently bought a new stake in GraniteShares 2x Long RDDT Daily ETF stock. Renaissance Technologies LLC purchased a new position in GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,700 shares of the company’s stock, valued at approximately $262,000. Renaissance Technologies LLC owned 0.63% of GraniteShares 2x Long RDDT Daily ETF as of its most recent SEC filing.
About GraniteShares 2x Long RDDT Daily ETF
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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