GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Sees Significant Drop in Short Interest

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 2 shares, a decrease of 96.2% from the September 15th total of 53 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 959 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On GraniteShares Nasdaq Select Disruptors ETF

An institutional investor recently bought a new stake in GraniteShares Nasdaq Select Disruptors ETF stock. 46 Peaks LLC bought a new position in shares of GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,777 shares of the company’s stock, valued at approximately $252,000. GraniteShares Nasdaq Select Disruptors ETF comprises approximately 0.2% of 46 Peaks LLC’s investment portfolio, making the stock its 21st biggest position. 46 Peaks LLC owned approximately 0.44% of GraniteShares Nasdaq Select Disruptors ETF as of its most recent SEC filing.

GraniteShares Nasdaq Select Disruptors ETF Trading Up 2.2%

Shares of GraniteShares Nasdaq Select Disruptors ETF stock traded up $1.57 during trading on Friday, reaching $73.25. The stock had a trading volume of 36 shares, compared to its average volume of 1,834. The company has a market capitalization of $51.27 million, a price-to-earnings ratio of 36.16 and a beta of 1.14. The stock has a fifty day moving average price of $69.70 and a two-hundred day moving average price of $63.65. GraniteShares Nasdaq Select Disruptors ETF has a 52 week low of $52.83 and a 52 week high of $73.25.

GraniteShares Nasdaq Select Disruptors ETF Company Profile

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.