GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Short Interest Update

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 53 shares, an increase of 307.7% from the August 31st total of 13 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 4,774 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On GraniteShares Nasdaq Select Disruptors ETF

A hedge fund recently bought a new position in GraniteShares Nasdaq Select Disruptors ETF stock. 46 Peaks LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,777 shares of the company’s stock, valued at approximately $252,000. GraniteShares Nasdaq Select Disruptors ETF comprises about 0.2% of 46 Peaks LLC’s holdings, making the stock its 21st biggest holding. 46 Peaks LLC owned approximately 0.44% of GraniteShares Nasdaq Select Disruptors ETF as of its most recent SEC filing.

GraniteShares Nasdaq Select Disruptors ETF Stock Performance

DRUP traded down $0.39 on Friday, hitting $71.25. 481 shares of the company were exchanged, compared to its average volume of 1,903. The stock’s fifty day moving average is $67.96 and its 200-day moving average is $62.71. GraniteShares Nasdaq Select Disruptors ETF has a 12 month low of $52.83 and a 12 month high of $71.70. The company has a market cap of $49.88 million, a PE ratio of 36.16 and a beta of 1.14.

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.