Corgi PLTR 2x Daily ETF (BATS:PLTL) Stock Short Interest Drops 69.5%

Corgi PLTR 2x Daily ETF (BATS:PLTL) was the target of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 412 shares, a decrease of 69.5% from the October 15th total of 1,353 shares. Based on an average daily volume of 767 shares, the days-to-cover ratio is currently 0.5 days. Approximately 4.1% of the company’s stock are short sold.

Corgi PLTR 2x Daily ETF Price Performance

Shares of BATS PLTL opened at $52.81 on Friday. The business has a 50-day moving average of $64.24 and a 200-day moving average of $38.37. The stock has a market capitalization of $528,100.00, a price-to-earnings ratio of 9.92 and a beta of 0.93. Corgi PLTR 2x Daily ETF has a fifty-two week low of $27.78 and a fifty-two week high of $83.85.

Corgi PLTR 2x Daily ETF Company Profile

The Principal US Small-Cap Adaptive Multi-Factor ETF (PLTL) is an exchange-traded fund that is based on the SP 600 index. The fund is an actively-managed portfolio of US small-cap companies selected and weighted in consideration of several different factors as well as the current market risk regime, as determined by the fund adviser. PLTL was launched on May 19, 2021 and is managed by Principal.