Grizzle Growth ETF (NYSEARCA:DARP) Sees Significant Increase in Short Interest

Grizzle Growth ETF (NYSEARCA:DARP) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 25,333 shares, a growth of 139.0% from the July 30th total of 10,601 shares. Based on an average daily trading volume, of 21,257 shares, the short-interest ratio is presently 1.2 days. Approximately 4.2% of the shares of the company are short sold.

Institutional Trading of Grizzle Growth ETF

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

Grizzle Growth ETF Stock Down 1.3%

Grizzle Growth ETF stock traded down $0.76 during mid-day trading on Friday, reaching $57.22. 27,165 shares of the company’s stock were exchanged, compared to its average volume of 10,729. The firm has a market capitalization of $34.90 million, a PE ratio of 35.38 and a beta of 1.27. The business’s fifty day simple moving average is $57.03 and its 200 day simple moving average is $54.41. Grizzle Growth ETF has a one year low of $35.04 and a one year high of $61.76.

Grizzle Growth ETF Company Profile

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.