Short Interest in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Decreases By 70.2%

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 328 shares, a decline of 70.2% from the February 26th total of 1,100 shares. Based on an average daily trading volume, of 1,547 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,547 shares, the short-interest ratio is currently 0.2 days.

GraniteShares Nasdaq Select Disruptors ETF Trading Up 0.9%

DRUP stock traded up $0.52 during trading on Wednesday, reaching $55.81. The stock had a trading volume of 638 shares, compared to its average volume of 1,742. The firm has a fifty day moving average price of $59.77 and a 200 day moving average price of $64.26. The company has a market capitalization of $47.44 million, a P/E ratio of 36.16 and a beta of 1.12. GraniteShares Nasdaq Select Disruptors ETF has a 1-year low of $44.61 and a 1-year high of $68.88.

Institutional Investors Weigh In On GraniteShares Nasdaq Select Disruptors ETF

A number of hedge funds have recently bought and sold shares of DRUP. 46 Peaks LLC acquired a new position in shares of GraniteShares Nasdaq Select Disruptors ETF in the 4th quarter valued at approximately $252,000. Jane Street Group LLC bought a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF in the 2nd quarter worth about $288,000. Susquehanna International Group LLP raised its stake in shares of GraniteShares Nasdaq Select Disruptors ETF by 122.0% in 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 in the last quarter. NewEdge Advisors LLC acquired a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF in the 3rd quarter valued at about $683,000. Finally, LPL Financial LLC lifted its position in shares of GraniteShares Nasdaq Select Disruptors ETF by 2.2% during the fourth 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 last quarter.

About GraniteShares Nasdaq Select Disruptors ETF

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.