Short Interest in Grizzle Growth ETF (NYSEARCA:DARP) Drops By 59.1%

Grizzle Growth ETF (NYSEARCA:DARP) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 10,355 shares, a drop of 59.1% from the August 15th total of 25,333 shares. Based on an average daily volume of 7,129 shares, the short-interest ratio is currently 1.5 days. Approximately 1.7% of the shares of the stock are sold short.

Grizzle Growth ETF Stock Up 1.2%

Shares of DARP stock opened at $57.54 on Friday. The business has a 50-day moving average price of $56.91 and a two-hundred day moving average price of $54.94. Grizzle Growth ETF has a 12-month low of $38.85 and a 12-month high of $61.76. The firm has a market cap of $35.10 million, a P/E ratio of 35.38 and a beta of 1.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Grizzle Growth ETF stock. Tidal Investments LLC bought a new stake in shares of Grizzle Growth ETF (NYSEARCA:DARP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF as of its most recent filing with the Securities and Exchange Commission.

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.