GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Sees Large Decline in Short Interest

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 13 shares, a decrease of 88.1% from the August 15th total of 109 shares. Based on an average daily trading volume, of 800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

GraniteShares Nasdaq Select Disruptors ETF Trading Down 0.6%

DRUP traded down $0.39 on Thursday, hitting $67.42. 841 shares of the company’s stock were exchanged, compared to its average volume of 1,805. The firm has a market cap of $50.56 million, a PE ratio of 36.16 and a beta of 1.14. GraniteShares Nasdaq Select Disruptors ETF has a twelve month low of $52.83 and a twelve month high of $70.99. The stock has a fifty day moving average of $66.67 and a two-hundred day moving average of $61.82.

Hedge Funds Weigh In On GraniteShares Nasdaq Select Disruptors ETF

Several institutional investors have recently made changes to their positions in DRUP. LPL Financial LLC raised its position in shares of GraniteShares Nasdaq Select Disruptors ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 13,834 shares of the company’s stock worth $924,000 after purchasing an additional 300 shares during the period. NewEdge Advisors LLC acquired a new position in GraniteShares Nasdaq Select Disruptors ETF during the 3rd quarter valued at approximately $683,000. Susquehanna International Group LLP boosted its position in GraniteShares Nasdaq Select Disruptors ETF by 122.0% during the 3rd quarter. Susquehanna International Group LLP now owns 7,593 shares of the company’s stock valued at $495,000 after purchasing an additional 4,173 shares during the period. Citadel Advisors LLC grew its stake in GraniteShares Nasdaq Select Disruptors ETF by 186.9% during the 3rd quarter. Citadel Advisors LLC now owns 18,594 shares of the company’s stock worth $1,212,000 after buying an additional 12,113 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter worth $288,000.

GraniteShares Nasdaq Select Disruptors ETF Company Profile

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.