2x Long PLTR Daily ETF (NASDAQ:PLTG) Sees Significant Increase in Short Interest

2x Long PLTR Daily ETF (NASDAQ:PLTG) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 489,807 shares, a growth of 143.7% from the June 15th total of 200,958 shares. Currently, 16.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 427,555 shares, the short-interest ratio is presently 1.1 days.

2x Long PLTR Daily ETF Stock Performance

PLTG traded up $0.16 on Tuesday, reaching $11.19. 239,150 shares of the company’s stock were exchanged, compared to its average volume of 365,535. 2x Long PLTR Daily ETF has a twelve month low of $7.54 and a twelve month high of $44.95. The stock’s fifty day moving average price is $12.07 and its 200-day moving average price is $16.35.

About 2x Long PLTR Daily ETF

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.