GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Sees Significant Drop in Short Interest

by · The Cerbat Gem

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Get Free Report) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 30,708 shares, a decrease of 75.7% from the December 15th total of 126,283 shares. Approximately 2.5% of the shares of the company are short sold. Based on an average daily volume of 223,780 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 223,780 shares, the short-interest ratio is presently 0.1 days. Approximately 2.5% of the shares of the company are short sold.

GraniteShares 2x Long RDDT Daily ETF Stock Down 0.2%

NASDAQ RDTL opened at $56.03 on Tuesday. GraniteShares 2x Long RDDT Daily ETF has a one year low of $9.72 and a one year high of $89.84. The company has a 50-day simple moving average of $46.95 and a 200-day simple moving average of $47.91.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of RDTL. SBI Securities Co. Ltd. acquired a new stake in shares of GraniteShares 2x Long RDDT Daily ETF during the 2nd quarter worth approximately $75,000. Mirae Asset Securities USA Inc. acquired a new position in GraniteShares 2x Long RDDT Daily ETF during the 3rd quarter valued at approximately $1,169,000. Simplex Trading LLC bought a new position in GraniteShares 2x Long RDDT Daily ETF during the 2nd quarter worth $30,000. Finally, Susquehanna International Group LLP increased its position in GraniteShares 2x Long RDDT Daily ETF by 44.0% in the third quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after buying an additional 10,838 shares during the period.

GraniteShares 2x Long RDDT Daily ETF Company Profile

(Get Free Report)

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.

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