Short Interest in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Drops By 88.1%

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) saw a significant 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. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 800 shares, the days-to-cover ratio is presently 0.0 days.

GraniteShares Nasdaq Select Disruptors ETF Stock Up 0.6%

Shares of GraniteShares Nasdaq Select Disruptors ETF stock traded up $0.38 during trading hours on Friday, reaching $67.80. 1,229 shares of the stock traded hands, compared to its average volume of 1,801. GraniteShares Nasdaq Select Disruptors ETF has a one year low of $52.83 and a one year high of $70.99. The firm has a market capitalization of $50.85 million, a price-to-earnings ratio of 36.16 and a beta of 1.14. The company has a 50 day moving average price of $66.67 and a 200 day moving average price of $61.82.

Institutional Trading of GraniteShares Nasdaq Select Disruptors ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. 46 Peaks LLC purchased a new position in shares of GraniteShares Nasdaq Select Disruptors ETF during the 4th quarter worth $252,000. Jane Street Group LLC purchased a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF in the 2nd quarter worth $288,000. Susquehanna International Group LLP raised its holdings in 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 worth $495,000 after purchasing an additional 4,173 shares during the period. NewEdge Advisors LLC bought a new position in GraniteShares Nasdaq Select Disruptors ETF in the 3rd quarter worth $683,000. Finally, LPL Financial LLC lifted its position in 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 valued at $924,000 after purchasing an additional 300 shares in 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.