GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Short Interest Up 40.0% in October

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 700 shares, a growth of 40.0% from the September 30th total of 500 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On GraniteShares Nasdaq Select Disruptors ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of DRUP. Stratos Wealth Partners LTD. bought a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter valued at $201,000. Jane Street Group LLC bought a new position in GraniteShares Nasdaq Select Disruptors ETF in the 2nd quarter worth about $288,000. Finally, Flow Traders U.S. LLC increased its position in shares of GraniteShares Nasdaq Select Disruptors ETF by 44.6% in the first quarter. Flow Traders U.S. LLC now owns 10,832 shares of the company’s stock worth $563,000 after purchasing an additional 3,341 shares during the last quarter.

GraniteShares Nasdaq Select Disruptors ETF Trading Down 0.1%

Shares of NYSEARCA:DRUP traded down $0.08 during mid-day trading on Monday, reaching $68.38. The company had a trading volume of 1,046 shares, compared to its average volume of 3,011. The firm has a market cap of $61.54 million, a price-to-earnings ratio of 36.16 and a beta of 1.12. The company’s 50-day moving average price is $65.74 and its 200-day moving average price is $61.87. GraniteShares Nasdaq Select Disruptors ETF has a one year low of $44.61 and a one year high of $68.88.

GraniteShares Nasdaq Select Disruptors ETF Company Profile

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.