GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Update

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 553,947 shares, an increase of 559.1% from the May 31st total of 84,042 shares. Based on an average daily trading volume, of 603,173 shares, the short-interest ratio is presently 0.9 days. Approximately 19.7% of the company’s stock are short sold.

GraniteShares 2x Long RDDT Daily ETF Trading Down 3.8%

NASDAQ RDTL opened at $17.44 on Friday. The company has a 50 day moving average price of $19.83 and a 200 day moving average price of $27.23. GraniteShares 2x Long RDDT Daily ETF has a 52 week low of $11.76 and a 52 week high of $89.84.

Hedge Funds Weigh In On GraniteShares 2x Long RDDT Daily ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. HRT Financial LP acquired a new position in shares of GraniteShares 2x Long RDDT Daily ETF during the fourth quarter worth $249,000. Simplex Trading LLC purchased a new stake in shares of GraniteShares 2x Long RDDT Daily ETF during the 4th quarter valued at $388,000. Renaissance Technologies LLC acquired a new stake in shares of GraniteShares 2x Long RDDT Daily ETF in the 1st quarter worth $262,000. Susquehanna International Group LLP boosted its position in shares of GraniteShares 2x Long RDDT Daily ETF by 44.0% in the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after purchasing an additional 10,838 shares in the last quarter. Finally, Genesis Financial Group LLC purchased a new stake in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter valued at about $2,008,000.

About GraniteShares 2x Long RDDT Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Long RDDT Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services sectors. It uses derivatives such as swaps to create its portfolio.