Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) Sees Large Increase in Short Interest

Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 18,654 shares, an increase of 98.1% from the October 15th total of 9,415 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 141,030 shares, the short-interest ratio is presently 0.1 days.

Fundstrat Granny Shots US Small- & Mid-Cap ETF Stock Performance

GRNJ traded down $0.32 on Friday, hitting $25.06. The company had a trading volume of 78,973 shares, compared to its average volume of 223,220. The stock has a fifty day moving average price of $27.86 and a 200-day moving average price of $28.58. Fundstrat Granny Shots US Small- & Mid-Cap ETF has a 12-month low of $23.08 and a 12-month high of $32.69. The stock has a market capitalization of $406.72 million, a price-to-earnings ratio of 22.14 and a beta of 2.46.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Reliant Wealth Planning lifted its position in Fundstrat Granny Shots US Small- & Mid-Cap ETF by 2.4% during the third quarter. Reliant Wealth Planning now owns 635,436 shares of the company’s stock valued at $18,707,000 after acquiring an additional 14,918 shares during the last quarter. Smith Moore & CO. purchased a new position in Fundstrat Granny Shots US Small- & Mid-Cap ETF in the third quarter worth $10,775,000. Harbour Investments Inc. purchased a new position in Fundstrat Granny Shots US Small- & Mid-Cap ETF in the third quarter worth $66,000. Versant Capital Management Inc acquired a new position in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the second quarter worth $41,000. Finally, Parallel Advisors LLC purchased a new stake in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the 1st quarter valued at $498,000.

About Fundstrat Granny Shots US Small- & Mid-Cap ETF

Fundstrat Granny Shots U.S. Small- & Mid-Cap ETF (NYSEARCA:GRNJ) is an exchange-traded fund that provides investors with exposure to U.S. small- and mid-capitalization companies. Listed on the NYSE Arca, the fund is designed as a single tradable vehicle that gives market participants access to a diversified portfolio of smaller U.S. equities through intraday exchange trading. The ETF is offered under the Fundstrat brand, which is known primarily as a financial research and advisory firm. As an ETF product, GRNJ aggregates securities into a pooled investment vehicle, allowing investors to obtain broad exposure to a segment of the U.S. equity market without buying individual small- or mid-cap stocks directly.