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

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 126,283 shares, a decrease of 26.7% from the November 30th total of 172,238 shares. Based on an average trading volume of 381,428 shares, the days-to-cover ratio is presently 0.3 days. Currently, 6.5% of the company’s stock are sold short. Currently, 6.5% of the company’s stock are sold short. Based on an average trading volume of 381,428 shares, the days-to-cover ratio is presently 0.3 days.

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

Several large investors have recently made changes to their positions in the company. Simplex Trading LLC bought a new position in GraniteShares 2x Long RDDT Daily ETF during the second quarter valued at approximately $30,000. SBI Securities Co. Ltd. bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the second quarter worth approximately $75,000. Mirae Asset Securities USA Inc. acquired a new position in shares of GraniteShares 2x Long RDDT Daily ETF during the 3rd quarter worth $1,169,000. Finally, Susquehanna International Group LLP raised its holdings in shares of GraniteShares 2x Long RDDT Daily ETF by 44.0% during the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock valued at $2,074,000 after purchasing an additional 10,838 shares in the last quarter.

GraniteShares 2x Long RDDT Daily ETF Price Performance

RDTL opened at $48.65 on Monday. The stock has a fifty day moving average price of $44.61 and a 200 day moving average price of $45.39. GraniteShares 2x Long RDDT Daily ETF has a 1 year low of $9.72 and a 1 year high of $89.84.

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.