2x Long PLTR Daily ETF (NASDAQ:PLTG) Short Interest Update

2x Long PLTR Daily ETF (NASDAQ:PLTG) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 210,924 shares, a decline of 56.9% from the June 30th total of 489,807 shares. Currently, 7.9% of the shares of the stock are sold short. Based on an average trading volume of 442,050 shares, the short-interest ratio is presently 0.5 days.

2x Long PLTR Daily ETF Stock Performance

Shares of NASDAQ:PLTG opened at $9.75 on Monday. 2x Long PLTR Daily ETF has a 1-year low of $7.54 and a 1-year high of $44.95. The company has a 50 day moving average price of $11.74 and a 200 day moving average price of $15.15.

2x Long PLTR Daily ETF Company Profile

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.