GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) Short Interest Down 54.3% in September

GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,000 shares, a decline of 54.3% from the September 15th total of 17,500 shares. Based on an average daily trading volume, of 183,400 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 183,400 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Trading of GraniteShares 2x Long UBER Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long UBER Daily ETF stock. Lazari Capital Management Inc. bought a new stake in shares of GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 10,260 shares of the company’s stock, valued at approximately $226,000. Lazari Capital Management Inc. owned about 1.05% of GraniteShares 2x Long UBER Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long UBER Daily ETF Stock Performance

Shares of GraniteShares 2x Long UBER Daily ETF stock opened at $31.69 on Wednesday. The firm has a fifty day simple moving average of $33.68 and a 200-day simple moving average of $30.42. GraniteShares 2x Long UBER Daily ETF has a 1-year low of $15.00 and a 1-year high of $38.35.

GraniteShares 2x Long UBER Daily ETF Company Profile

The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.