GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Down 51.8% in August

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTLGet Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 289,448 shares, a drop of 51.8% from the July 30th total of 600,403 shares. Currently, 10.6% of the shares of the company are sold short. Based on an average daily volume of 902,271 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On GraniteShares 2x Long RDDT Daily ETF

Large investors have recently made changes to their positions in the stock. HRT Financial LP purchased a new stake in GraniteShares 2x Long RDDT Daily ETF during the 4th quarter valued at about $249,000. Simplex Trading LLC purchased a new position in shares of GraniteShares 2x Long RDDT Daily ETF in the fourth quarter worth about $388,000. Susquehanna International Group LLP raised its stake in shares of GraniteShares 2x Long RDDT Daily ETF by 44.0% in the third quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after purchasing an additional 10,838 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of GraniteShares 2x Long RDDT Daily ETF during the first quarter worth about $262,000.

GraniteShares 2x Long RDDT Daily ETF Trading Down 6.1%

GraniteShares 2x Long RDDT Daily ETF stock traded down $0.83 during mid-day trading on Monday, reaching $12.68. 351,413 shares of the company traded hands, compared to its average volume of 642,522. GraniteShares 2x Long RDDT Daily ETF has a fifty-two week low of $10.89 and a fifty-two week high of $89.84. The firm’s fifty day moving average is $19.34 and its two-hundred day moving average is $18.64.

GraniteShares 2x Long RDDT Daily ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for GraniteShares 2x Long RDDT Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long RDDT Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.