Grizzle Growth ETF (NYSEARCA:DARP) Short Interest Down 59.1% in August

Grizzle Growth ETF (NYSEARCA:DARP) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 10,355 shares, a decrease of 59.1% from the August 15th total of 25,333 shares. Currently, 1.7% of the shares of the company are sold short. Based on an average trading volume of 7,129 shares, the days-to-cover ratio is currently 1.5 days.

Grizzle Growth ETF Price Performance

Shares of NYSEARCA DARP traded down $0.08 during mid-day trading on Tuesday, hitting $55.91. The company had a trading volume of 5,010 shares, compared to its average volume of 10,380. Grizzle Growth ETF has a 12 month low of $38.85 and a 12 month high of $61.76. The firm’s 50 day simple moving average is $56.87 and its two-hundred day simple moving average is $55.01. The stock has a market cap of $34.11 million, a price-to-earnings ratio of 35.38 and a beta of 1.27.

Institutional Trading of Grizzle Growth ETF

A hedge fund recently bought a new position in Grizzle Growth ETF stock. SMART Wealth LLC bought a new position in Grizzle Growth ETF (NYSEARCA:DARP) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,858 shares of the company’s stock, valued at approximately $1,670,000. SMART Wealth LLC owned about 4.57% of Grizzle Growth ETF at the end of the most recent quarter.

About Grizzle Growth ETF

The Grizzle Growth ETF (DARP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. DARP was launched on Dec 17, 2021 and is issued by Grizzle.