RiverNorth Patriot ETF (BATS:FLDZ) Sees Large Growth in Short Interest

RiverNorth Patriot ETF (BATS:FLDZ) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 277 shares, a growth of 114.7% from the July 15th total of 129 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 93 shares, the days-to-cover ratio is currently 3.0 days.

RiverNorth Patriot ETF Price Performance

Shares of FLDZ opened at $34.12 on Friday. RiverNorth Patriot ETF has a one year low of $28.13 and a one year high of $34.15. The business’s 50 day simple moving average is $30.93 and its 200-day simple moving average is $30.21. The company has a market capitalization of $5.12 million, a P/E ratio of 18.39 and a beta of 0.92.

About RiverNorth Patriot ETF

The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.