RiverNorth Patriot ETF (BATS:FLDZ) Stock Short Interest Report for September

RiverNorth Patriot ETF (BATS:FLDZ) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 590 shares, an increase of 57.3% from the September 15th total of 375 shares. Based on an average daily trading volume, of 149 shares, the days-to-cover ratio is presently 4.0 days. Approximately 0.4% of the shares of the company are sold short.

RiverNorth Patriot ETF Trading Up 2.2%

FLDZ opened at $26.49 on Friday. RiverNorth Patriot ETF has a 1-year low of $25.92 and a 1-year high of $34.15. The stock has a market capitalization of $3.97 million, a price-to-earnings ratio of 18.39 and a beta of 0.92. The business has a 50 day moving average of $29.58 and a 200-day moving average of $30.04.

Hedge Funds Weigh In On RiverNorth Patriot ETF

An institutional investor recently raised its position in RiverNorth Patriot ETF stock. Wedbush Securities Inc. boosted its stake in shares of RiverNorth Patriot ETF (BATS:FLDZ) by 50.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 118,052 shares of the company’s stock after purchasing an additional 39,406 shares during the quarter. Wedbush Securities Inc. owned 78.70% of RiverNorth Patriot ETF worth $1,633,000 at the end of the most recent quarter.

RiverNorth Patriot ETF Company Profile

The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.