2x Long PLTR Daily ETF (NASDAQ:PLTG) Sees Significant Increase in Short Interest

2x Long PLTR Daily ETF (NASDAQ:PLTG) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 173,500 shares, a growth of 407.5% from the August 15th total of 34,187 shares. Based on an average daily trading volume, of 129,232 shares, the short-interest ratio is currently 1.3 days. Currently, 6.5% of the company’s shares are sold short.

2x Long PLTR Daily ETF Trading Up 0.9%

Shares of NASDAQ PLTG traded up $0.15 during mid-day trading on Friday, reaching $16.05. 50,917 shares of the company’s stock were exchanged, compared to its average volume of 336,924. The business has a fifty day simple moving average of $14.74 and a 200 day simple moving average of $14.35. 2x Long PLTR Daily ETF has a twelve month low of $7.54 and a twelve month high of $44.95.

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.