GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL – Get Free Report) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 92,270 shares, a growth of 89.4% from the October 15th total of 48,706 shares. Currently, 3.9% of the company’s stock are sold short. Based on an average trading volume of 140,725 shares, the short-interest ratio is presently 0.7 days.
GraniteShares 2x Long UBER Daily ETF Price Performance
NASDAQ UBRL traded up $0.17 during mid-day trading on Friday, reaching $12.95. The stock had a trading volume of 61,011 shares, compared to its average volume of 177,620. GraniteShares 2x Long UBER Daily ETF has a 1 year low of $11.09 and a 1 year high of $31.06. The company has a fifty day moving average price of $13.15 and a 200 day moving average price of $15.38.
Institutional Trading of GraniteShares 2x Long UBER Daily ETF
Institutional investors and hedge funds have recently modified their holdings of the business. StoneX Group Inc. purchased a new position in shares of GraniteShares 2x Long UBER Daily ETF during the third quarter valued at approximately $160,000. Lazari Capital Management Inc. boosted its holdings in GraniteShares 2x Long UBER Daily ETF by 17.7% in the third quarter. Lazari Capital Management Inc. now owns 16,600 shares of the company’s stock worth $213,000 after purchasing an additional 2,500 shares during the last quarter. IFP Advisors Inc purchased a new stake in GraniteShares 2x Long UBER Daily ETF in the third quarter worth approximately $103,000. Headlands Technologies LLC purchased a new stake in GraniteShares 2x Long UBER Daily ETF in the second quarter worth approximately $1,242,000. Finally, Parallel Advisors LLC boosted its holdings in GraniteShares 2x Long UBER Daily ETF by 42.9% in the first quarter. Parallel Advisors LLC now owns 4,000 shares of the company’s stock worth $63,000 after purchasing an additional 1,200 shares during the last quarter.
About GraniteShares 2x Long UBER Daily ETF
The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc. stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.
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