GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Stock Short Interest Report for September

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 489,908 shares, a growth of 257.0% from the September 15th total of 137,236 shares. Based on an average trading volume of 741,231 shares, the short-interest ratio is currently 0.7 days. Currently, 9.6% of the company’s shares are sold short.

GraniteShares 2x Long RDDT Daily ETF Stock Down 3.6%

GraniteShares 2x Long RDDT Daily ETF stock traded down $0.51 during mid-day trading on Monday, hitting $13.63. 384,041 shares of the stock were exchanged, compared to its average volume of 647,562. GraniteShares 2x Long RDDT Daily ETF has a 12 month low of $10.89 and a 12 month high of $65.00. The firm’s fifty day simple moving average is $13.71 and its two-hundred day simple moving average is $17.77.

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

An institutional investor recently bought a new stake in GraniteShares 2x Long RDDT Daily ETF stock. Renaissance Technologies LLC purchased a new stake in shares of GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,700 shares of the company’s stock, valued at approximately $262,000. Renaissance Technologies LLC owned about 0.63% of GraniteShares 2x Long RDDT Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long RDDT Daily ETF Company Profile

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.