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 increase in short interest in the month of February. As of February 13th, there was short interest totaling 625,090 shares, an increase of 188.9% from the January 29th total of 216,370 shares. Based on an average daily volume of 981,303 shares, the short-interest ratio is presently 0.6 days. Approximately 46.6% of the company’s shares are sold short. Approximately 46.6% of the company’s shares are sold short. Based on an average daily volume of 981,303 shares, the short-interest ratio is presently 0.6 days.

GraniteShares 2x Long RDDT Daily ETF Trading Down 7.6%

NASDAQ:RDTL traded down $1.49 during mid-day trading on Friday, hitting $18.06. The company had a trading volume of 575,342 shares, compared to its average volume of 568,208. GraniteShares 2x Long RDDT Daily ETF has a fifty-two week low of $9.72 and a fifty-two week high of $89.84. The business’s fifty day moving average is $37.06 and its two-hundred day moving average is $46.87.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Genesis Financial Group LLC acquired a new stake in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter worth $2,008,000. Mirae Asset Securities USA Inc. bought a new stake in shares of GraniteShares 2x Long RDDT Daily ETF in the 3rd quarter valued at $1,169,000. Susquehanna International Group LLP raised its stake 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 buying an additional 10,838 shares during the period. Simplex Trading LLC bought a new position in GraniteShares 2x Long RDDT Daily ETF during the fourth quarter worth about $388,000. Finally, HRT Financial LP acquired a new position in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter valued at about $249,000.

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.