GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Update

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 126,283 shares, a decline of 26.7% from the November 30th total of 172,238 shares. Based on an average daily trading volume, of 381,428 shares, the days-to-cover ratio is presently 0.3 days. Currently, 6.5% of the shares of the stock are sold short. Currently, 6.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 381,428 shares, the days-to-cover ratio is presently 0.3 days.

GraniteShares 2x Long RDDT Daily ETF Stock Down 1.2%

NASDAQ:RDTL traded down $0.61 during mid-day trading on Tuesday, reaching $51.68. 130,721 shares of the company were exchanged, compared to its average volume of 516,540. GraniteShares 2x Long RDDT Daily ETF has a 12 month low of $9.72 and a 12 month high of $89.84. The company has a fifty day moving average of $44.78 and a 200 day moving average of $45.64.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new stake in shares of GraniteShares 2x Long RDDT Daily ETF in the 2nd quarter valued at $75,000. Simplex Trading LLC acquired a new position in shares of GraniteShares 2x Long RDDT Daily ETF during the second quarter valued at $30,000. Mirae Asset Securities USA Inc. bought a new position in GraniteShares 2x Long RDDT Daily ETF in the third quarter valued at about $1,169,000. Finally, Susquehanna International Group LLP grew its holdings in GraniteShares 2x Long RDDT Daily ETF by 44.0% during the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after acquiring an additional 10,838 shares during the period.

GraniteShares 2x Long RDDT Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long RDDT Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services sectors. It uses derivatives such as swaps to create its portfolio.