Grizzle Growth ETF (NYSEARCA:DARP) Sees Large Increase in Short Interest

Grizzle Growth ETF (NYSEARCA:DARP) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 25,333 shares, a growth of 139.0% from the July 30th total of 10,601 shares. Approximately 4.2% of the shares of the company are short sold. Based on an average daily trading volume, of 21,257 shares, the days-to-cover ratio is presently 1.2 days.

Grizzle Growth ETF Stock Performance

Shares of NYSEARCA DARP traded down $0.76 during mid-day trading on Friday, hitting $57.22. The stock had a trading volume of 27,165 shares, compared to its average volume of 10,729. The firm has a market cap of $34.90 million, a PE ratio of 35.38 and a beta of 1.27. The company has a 50 day moving average of $57.03 and a two-hundred day moving average of $54.41. Grizzle Growth ETF has a twelve month low of $35.04 and a twelve month high of $61.76.

Institutional Trading of Grizzle Growth ETF

A hedge fund recently bought a new position in Grizzle Growth ETF stock. Tidal Investments LLC acquired a new position in Grizzle Growth ETF (NYSEARCA:DARP) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF as of its most recent SEC filing.

About Grizzle Growth ETF

The Grizzle Growth ETF (DARP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. DARP was launched on Dec 17, 2021 and is issued by Grizzle.