GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Update

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 84,042 shares, a decline of 70.5% from the May 14th total of 284,985 shares. Based on an average daily trading volume, of 726,719 shares, the short-interest ratio is currently 0.1 days. Approximately 3.0% of the shares of the stock are short sold.

GraniteShares 2x Long RDDT Daily ETF Stock Performance

Shares of GraniteShares 2x Long RDDT Daily ETF stock traded down $2.79 during trading hours on Friday, reaching $18.96. The company’s stock had a trading volume of 705,566 shares, compared to its average volume of 600,490. The firm has a 50 day moving average price of $19.12 and a 200-day moving average price of $28.98. GraniteShares 2x Long RDDT Daily ETF has a one year low of $11.76 and a one year high of $89.84.

Institutional Trading of GraniteShares 2x Long RDDT Daily ETF

Large investors have recently made changes to their positions in the business. HRT Financial LP bought a new stake in shares of GraniteShares 2x Long RDDT Daily ETF in the 4th quarter worth about $249,000. Simplex Trading LLC purchased a new stake in GraniteShares 2x Long RDDT Daily ETF in the 4th quarter worth about $388,000. Renaissance Technologies LLC purchased a new stake in GraniteShares 2x Long RDDT Daily ETF in the 1st quarter worth about $262,000. Susquehanna International Group LLP raised its position in GraniteShares 2x Long RDDT Daily ETF by 44.0% in the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after purchasing an additional 10,838 shares during the period. Finally, Genesis Financial Group LLC purchased a new stake in GraniteShares 2x Long RDDT Daily ETF in the 4th quarter worth about $2,008,000.

GraniteShares 2x Long RDDT Daily ETF Company Profile

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.