GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Short Interest Update

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 1,347,576 shares, a decrease of 50.1% from the May 14th total of 2,701,936 shares. Based on an average daily volume of 5,434,119 shares, the days-to-cover ratio is presently 0.2 days. Currently, 4.7% of the company’s stock are short sold.

Institutional Trading of GraniteShares 2x Long PLTR Daily ETF

A number of large investors have recently bought and sold shares of PTIR. Parallel Advisors LLC increased its stake in GraniteShares 2x Long PLTR Daily ETF by 188.5% during the 1st quarter. Parallel Advisors LLC now owns 1,500 shares of the company’s stock worth $25,000 after purchasing an additional 980 shares in the last quarter. Group One Trading LLC bought a new stake in GraniteShares 2x Long PLTR Daily ETF during the 3rd quarter worth approximately $35,000. CIBC Private Wealth Group LLC increased its stake in GraniteShares 2x Long PLTR Daily ETF by 1,400.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,500 shares of the company’s stock worth $49,000 after purchasing an additional 1,400 shares in the last quarter. Financial Life Planners bought a new stake in GraniteShares 2x Long PLTR Daily ETF during the 1st quarter worth approximately $50,000. Finally, XTX Topco Ltd bought a new stake in GraniteShares 2x Long PLTR Daily ETF during the 2nd quarter worth approximately $204,000.

GraniteShares 2x Long PLTR Daily ETF Price Performance

NASDAQ PTIR traded up $1.21 during trading hours on Monday, reaching $12.77. 4,528,974 shares of the company’s stock were exchanged, compared to its average volume of 5,001,617. The company’s 50-day moving average is $14.31 and its two-hundred day moving average is $19.35. GraniteShares 2x Long PLTR Daily ETF has a one year low of $11.31 and a one year high of $40.78.

About GraniteShares 2x Long PLTR Daily ETF

The GraniteShares 2x Long PLTR Daily ETF (PTIR) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.