GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Get Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 553,947 shares, a growth of 559.1% from the May 31st total of 84,042 shares. Currently, 19.7% of the shares of the stock are short sold. Based on an average trading volume of 603,173 shares, the short-interest ratio is currently 0.9 days.
Institutional Investors Weigh In On GraniteShares 2x Long RDDT Daily ETF
Large investors have recently made changes to their positions in the company. Susquehanna International Group LLP boosted its stake in GraniteShares 2x Long RDDT Daily ETF by 44.0% during the third 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. Genesis Financial Group LLC purchased a new position in GraniteShares 2x Long RDDT Daily ETF during the 4th quarter valued at approximately $2,008,000. Simplex Trading LLC bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the 4th quarter worth approximately $388,000. HRT Financial LP bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the 4th quarter worth approximately $249,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of GraniteShares 2x Long RDDT Daily ETF during the 1st quarter worth approximately $262,000.
GraniteShares 2x Long RDDT Daily ETF Stock Performance
NASDAQ RDTL traded up $1.86 on Friday, reaching $19.30. The company had a trading volume of 418,448 shares, compared to its average volume of 591,461. GraniteShares 2x Long RDDT Daily ETF has a 12 month low of $11.76 and a 12 month high of $89.84. The firm’s 50 day moving average price is $19.82 and its 200 day moving average price is $27.18.
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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