Short Interest in Grizzle Growth ETF (NYSEARCA:DARP) Rises By 74.5%

Grizzle Growth ETF (NYSEARCA:DARP) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 16,244 shares, an increase of 74.5% from the May 31st total of 9,308 shares. Currently, 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 9,719 shares, the days-to-cover ratio is presently 1.7 days.

Grizzle Growth ETF Stock Performance

Shares of DARP opened at $58.54 on Thursday. The firm has a market cap of $35.71 million, a PE ratio of 35.38 and a beta of 1.26. The firm’s 50 day moving average price is $57.30 and its 200 day moving average price is $51.58. Grizzle Growth ETF has a twelve month low of $35.04 and a twelve month high of $61.76.

Institutional Investors Weigh In On Grizzle Growth ETF

A hedge fund recently bought a new stake in Grizzle Growth ETF stock. Tidal Investments LLC acquired a new position in Grizzle Growth ETF (NYSEARCA:DARP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned approximately 18.33% 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.