GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) Sees Large Drop in Short Interest

Posted by Alanna Baker on Dec 31st, 2025

GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Get Free Report) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 24,012 shares, a drop of 31.0% from the November 30th total of 34,781 shares. Based on an average daily volume of 97,235 shares, the short-interest ratio is presently 0.2 days. Currently, 10.0% of the company’s shares are sold short. Currently, 10.0% of the company’s shares are sold short. Based on an average daily volume of 97,235 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of GraniteShares 2x Long RIVN Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long RIVN Daily ETF stock. Optiver Holding B.V. raised its stake in GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Free Report) by 3.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 7,503 shares of the company’s stock after buying an additional 252 shares during the quarter. Optiver Holding B.V. owned approximately 3.13% of GraniteShares 2x Long RIVN Daily ETF worth $281,000 as of its most recent SEC filing.

GraniteShares 2x Long RIVN Daily ETF Price Performance

Shares of RVNL traded up $0.89 during mid-day trading on Wednesday, hitting $56.54. The company had a trading volume of 61,375 shares, compared to its average volume of 46,076. The business’s 50-day simple moving average is $44.10 and its 200-day simple moving average is $36.71. GraniteShares 2x Long RIVN Daily ETF has a 1-year low of $24.49 and a 1-year high of $75.17.

About GraniteShares 2x Long RIVN Daily ETF

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GraniteShares ETF Trust – GraniteShares 2x Long RIVN 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 automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.