GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Short Interest Up 25.9% in December

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the target of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 1,550 shares, a growth of 25.9% from the December 15th total of 1,231 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,121 shares, the days-to-cover ratio is presently 1.4 days. Based on an average trading volume of 1,121 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are short sold.

GraniteShares Nasdaq Select Disruptors ETF Price Performance

GraniteShares Nasdaq Select Disruptors ETF stock traded down $0.28 during mid-day trading on Monday, hitting $64.34. 838 shares of the company’s stock traded hands, compared to its average volume of 2,758. The firm has a 50 day simple moving average of $66.93 and a two-hundred day simple moving average of $65.32. GraniteShares Nasdaq Select Disruptors ETF has a fifty-two week low of $44.61 and a fifty-two week high of $68.88. The stock has a market cap of $54.69 million, a price-to-earnings ratio of 36.16 and a beta of 1.12.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Stratos Wealth Partners LTD. acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the second quarter worth approximately $201,000. Susquehanna International Group LLP increased its stake in shares of GraniteShares Nasdaq Select Disruptors ETF by 122.0% during the third quarter. Susquehanna International Group LLP now owns 7,593 shares of the company’s stock worth $495,000 after purchasing an additional 4,173 shares during the period. Jane Street Group LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter worth approximately $288,000. NewEdge Advisors LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 3rd quarter worth approximately $683,000. Finally, Citadel Advisors LLC boosted its stake in GraniteShares Nasdaq Select Disruptors ETF by 186.9% in the 3rd quarter. Citadel Advisors LLC now owns 18,594 shares of the company’s stock valued at $1,212,000 after purchasing an additional 12,113 shares during the period.

About GraniteShares Nasdaq Select Disruptors ETF

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.