2x Long PLTR Daily ETF (NASDAQ:PLTG) Stock Short Interest Report for October

2x Long PLTR Daily ETF (NASDAQ:PLTG – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 74,888 shares, a drop of 42.6% from the September 30th total of 130,420 shares. Based on an average daily trading volume, of 83,180 shares, the days-to-cover ratio is currently 0.9 days. Currently, 4.3% of the shares of the company are short sold.

2x Long PLTR Daily ETF Stock Down 10.1%

PLTG traded down $1.75 on Tuesday, hitting $15.61. 55,241 shares of the company traded hands, compared to its average volume of 291,064. The company has a 50 day moving average of $19.89 and a 200-day moving average of $16.01. 2x Long PLTR Daily ETF has a 12-month low of $7.54 and a 12-month high of $39.80.

Institutional Investors Weigh In On 2x Long PLTR Daily ETF

A hedge fund recently raised its stake in 2x Long PLTR Daily ETF stock. SBI Securities Co. Ltd. increased its stake in shares of 2x Long PLTR Daily ETF (NASDAQ:PLTG – Free Report) by 174.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,992 shares of the company’s stock after purchasing an additional 1,267 shares during the quarter. SBI Securities Co. Ltd. owned 0.17% of 2x Long PLTR Daily ETF worth $40,000 as of its most recent SEC filing.

About 2x Long PLTR Daily ETF

(Get Free Report)

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.

Further Reading

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