Short Interest in GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Rises By 58.4%

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 116,400 shares, a growth of 58.4% from the August 31st total of 73,500 shares. Based on an average trading volume of 553,700 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 553,700 shares, the short-interest ratio is presently 0.2 days.

GraniteShares 2x Long RDDT Daily ETF Price Performance

Shares of RDTL stock opened at $45.80 on Wednesday. GraniteShares 2x Long RDDT Daily ETF has a 52-week low of $9.72 and a 52-week high of $89.84. The stock has a 50 day moving average price of $59.66 and a 200 day moving average price of $34.00.

Institutional Investors Weigh In On GraniteShares 2x Long RDDT Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long RDDT Daily ETF stock. Simplex Trading LLC bought a new stake in shares of GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,065 shares of the company’s stock, valued at approximately $30,000. Simplex Trading LLC owned approximately 0.10% of GraniteShares 2x Long RDDT Daily ETF as of its most recent SEC filing.

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.