Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) Sees Significant Drop in Short Interest

Fundstrat Granny Shots US Small- & Mid-Cap ETF (NYSEARCA:GRNJ) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 24,064 shares, a decline of 68.1% from the July 15th total of 75,445 shares. Based on an average daily trading volume, of 155,964 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Fundstrat Granny Shots US Small- & Mid-Cap ETF

Hedge funds have recently bought and sold shares of the business. Versant Capital Management Inc purchased a new stake in Fundstrat Granny Shots US Small- & Mid-Cap ETF in the second quarter worth $41,000. Parallel Advisors LLC purchased a new stake in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the first quarter valued at $498,000. Finally, Reliant Wealth Planning purchased a new stake in shares of Fundstrat Granny Shots US Small- & Mid-Cap ETF during the fourth quarter valued at $14,254,000.

Fundstrat Granny Shots US Small- & Mid-Cap ETF Stock Up 0.8%

GRNJ opened at $31.61 on Friday. The stock’s 50 day moving average price is $30.13 and its 200-day moving average price is $28.74. Fundstrat Granny Shots US Small- & Mid-Cap ETF has a one year low of $23.08 and a one year high of $32.69.

Fundstrat Granny Shots U.S. Small- & Mid-Cap ETF (NYSEARCA:GRNJ) is an exchange-traded fund that provides investors with exposure to U.S. small- and mid-capitalization companies. Listed on the NYSE Arca, the fund is designed as a single tradable vehicle that gives market participants access to a diversified portfolio of smaller U.S. equities through intraday exchange trading.

The ETF is offered under the Fundstrat brand, which is known primarily as a financial research and advisory firm.