GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Down 75.7% in December

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

GraniteShares 2x Long RDDT Daily ETF Price Performance

Shares of NASDAQ RDTL traded down $7.15 during trading hours on Thursday, hitting $52.60. 405,981 shares of the company’s stock were exchanged, compared to its average volume of 284,697. The company’s 50-day moving average price is $47.89 and its 200-day moving average price is $48.25. GraniteShares 2x Long RDDT Daily ETF has a 1-year low of $9.72 and a 1-year high of $89.84.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Simplex Trading LLC acquired a new stake in shares of GraniteShares 2x Long RDDT Daily ETF in the second quarter worth $30,000. SBI Securities Co. Ltd. bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the 2nd quarter valued at $75,000. Mirae Asset Securities USA Inc. acquired a new stake in GraniteShares 2x Long RDDT Daily ETF in the 3rd quarter worth $1,169,000. Finally, Susquehanna International Group LLP increased its holdings in shares of GraniteShares 2x Long RDDT Daily ETF by 44.0% during the 3rd quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after purchasing an additional 10,838 shares during the period.

GraniteShares 2x Long RDDT Daily ETF Company Profile

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.