GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) Short Interest Update

GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 56,161 shares, a drop of 44.7% from the February 12th total of 101,588 shares. Based on an average daily trading volume, of 66,687 shares, the short-interest ratio is currently 0.8 days. Currently, 4.6% of the shares of the company are short sold. Currently, 4.6% of the shares of the company are short sold. Based on an average daily trading volume, of 66,687 shares, the short-interest ratio is currently 0.8 days.

GraniteShares 2x Long UBER Daily ETF Price Performance

UBRL stock opened at $17.02 on Thursday. GraniteShares 2x Long UBER Daily ETF has a 1-year low of $14.86 and a 1-year high of $38.35. The business’s 50 day simple moving average is $19.17 and its 200 day simple moving average is $26.58.

GraniteShares 2x Long UBER Daily ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were issued a $2.2162 dividend. This represents a c) annualized dividend and a yield of 156.3%. The ex-dividend date of this dividend was Monday, December 29th.

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

Institutional investors have recently made changes to their positions in the company. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long UBER Daily ETF in the third quarter valued at approximately $248,000. Optiver Holding B.V. lifted its holdings in GraniteShares 2x Long UBER Daily ETF by 267.1% during the 3rd quarter. Optiver Holding B.V. now owns 18,579 shares of the company’s stock worth $657,000 after purchasing an additional 13,518 shares during the last quarter. Finally, Genesis Financial Group LLC bought a new stake in GraniteShares 2x Long UBER Daily ETF in the 4th quarter valued at $1,504,000.

About GraniteShares 2x Long UBER Daily ETF

The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.