Strive U.S. Energy ETF (NYSE:DRLL) Short Interest Update

Strive U.S. Energy ETF (NYSE:DRLL) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,415 shares, an increase of 81.5% from the August 31st total of 4,085 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 13,726 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Strive U.S. Energy ETF stock. Burns J W & Co. Inc. NY purchased a new stake in shares of Strive U.S. Energy ETF (NYSE:DRLL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,400 shares of the company’s stock, valued at approximately $213,000. Burns J W & Co. Inc. NY owned about 0.07% of Strive U.S. Energy ETF at the end of the most recent quarter.

Strive U.S. Energy ETF Stock Performance

Shares of Strive U.S. Energy ETF stock traded up $0.67 during trading on Thursday, hitting $40.71. 6,730 shares of the stock were exchanged, compared to its average volume of 21,681. Strive U.S. Energy ETF has a 12 month low of $27.31 and a 12 month high of $43.54. The stock’s fifty day moving average is $40.16 and its 200 day moving average is $37.76. The stock has a market cap of $308.57 million, a PE ratio of 15.14 and a beta of 0.40.

About Strive U.S. Energy ETF

The Strive U.S. Energy ETF (DRLL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap-weighted index of US-listed stocks from the broad energy sector. The fund aims to influence companies to prioritize returns through shareholder engagement and proxy voting, without regard to ESG agendas. DRLL was launched on Aug 9, 2022 and is managed by Strive.