Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) Sees Large Drop in Short Interest

Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 9,415 shares, a decrease of 51.1% from the September 30th total of 19,241 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 109,954 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Fundstrat Granny Shots US Small- & Mid-Cap ETF

Hedge funds have recently modified their holdings of the stock. Reliant Wealth Planning grew its position in Fundstrat Granny Shots US Small- & Mid-Cap ETF by 6.2% in the first quarter. Reliant Wealth Planning now owns 592,673 shares of the company’s stock valued at $14,823,000 after acquiring an additional 34,779 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the first quarter worth $498,000. Finally, Versant Capital Management Inc acquired a new position in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the second quarter worth $41,000.

Fundstrat Granny Shots US Small- & Mid-Cap ETF Trading Down 4.6%

GRNJ stock traded down $1.24 during midday trading on Friday, reaching $25.97. 144,892 shares of the company’s stock traded hands, compared to its average volume of 222,658. Fundstrat Granny Shots US Small- & Mid-Cap ETF has a fifty-two week low of $23.08 and a fifty-two week high of $32.69. The business has a 50-day moving average price of $28.70 and a two-hundred day moving average price of $28.74.

Fundstrat Granny Shots U.S. Small- & Mid-Cap ETF (NYSEARCA:GRNJ) is an exchange-traded fund that provides investors with exposure to U.S. small- and mid-capitalization companies. Listed on the NYSE Arca, the fund is designed as a single tradable vehicle that gives market participants access to a diversified portfolio of smaller U.S. equities through intraday exchange trading.

The ETF is offered under the Fundstrat brand, which is known primarily as a financial research and advisory firm.