GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 65,141 shares, a growth of 202.5% from the September 30th total of 21,537 shares. Approximately 7.4% of the shares of the company are short sold. Based on an average daily volume of 126,564 shares, the days-to-cover ratio is currently 0.5 days.
GraniteShares 2x Long RIVN Daily ETF Price Performance
Shares of RVNL opened at $12.40 on Thursday. GraniteShares 2x Long RIVN Daily ETF has a 52-week low of $12.07 and a 52-week high of $75.17. The stock’s 50-day simple moving average is $20.72 and its 200 day simple moving average is $28.12.
Hedge Funds Weigh In On GraniteShares 2x Long RIVN Daily ETF
An institutional investor recently raised its position in GraniteShares 2x Long RIVN Daily ETF stock. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL – Free Report) by 82.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,558 shares of the company’s stock after purchasing an additional 7,030 shares during the quarter. Optiver Holding B.V. owned 5.56% of GraniteShares 2x Long RIVN Daily ETF worth $444,000 at the end of the most recent quarter.
About GraniteShares 2x Long RIVN Daily ETF
GraniteShares ETF Trust – GraniteShares 2x Long RIVN 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 automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.
Further Reading
- Five stocks we like better than GraniteShares 2x Long RIVN Daily ETF
- Why Meta Platform’s $100 Billion Financing Plan Is A Boon for Chip Giant Broadcom
- Enphase Energy’s Solar Slump Raises a Question About Its AI Data Center Ambitions
- 1 Frozen Housing Market, 2 Very Different Earnings Stories
- 3 Energy Stocks Boosting Dividends as the Sector Widens Its 2026 Performance Lead
Receive News & Ratings for GraniteShares 2x Long RIVN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long RIVN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
