GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Short Interest Update

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 996 shares, a drop of 29.5% from the January 15th total of 1,413 shares. Based on an average daily volume of 1,594 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are short sold. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,594 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Stratos Wealth Partners LTD. bought a new position in GraniteShares Nasdaq Select Disruptors ETF during the second quarter valued at approximately $201,000. Jane Street Group LLC bought a new position in shares of GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter valued at $288,000. Citadel Advisors LLC lifted its holdings in shares of GraniteShares Nasdaq Select Disruptors ETF by 186.9% during the 3rd quarter. Citadel Advisors LLC now owns 18,594 shares of the company’s stock valued at $1,212,000 after buying an additional 12,113 shares during the period. Susquehanna International Group LLP boosted 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 worth $495,000 after buying an additional 4,173 shares during the last quarter. Finally, NewEdge Advisors LLC bought a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF in the third quarter worth $683,000.

GraniteShares Nasdaq Select Disruptors ETF Price Performance

NYSEARCA DRUP traded up $0.61 during trading hours on Monday, hitting $58.21. The company’s stock had a trading volume of 2,006 shares, compared to its average volume of 2,097. GraniteShares Nasdaq Select Disruptors ETF has a 12 month low of $44.61 and a 12 month high of $68.88. The company’s 50 day simple moving average is $64.56 and its two-hundred day simple moving average is $65.13. The company has a market cap of $49.48 million, a P/E ratio of 36.16 and a beta of 1.12.

GraniteShares Nasdaq Select Disruptors ETF Company Profile

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.