Short Interest in Grizzle Growth ETF (NYSEARCA:DARP) Decreases By 37.3%

Grizzle Growth ETF (NYSEARCA:DARP) was the recipient of a significant drop in short interest in the month of March. As of March 31st, there was short interest totaling 6,823 shares, a drop of 37.3% from the March 15th total of 10,881 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily volume of 20,450 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

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

Grizzle Growth ETF Trading Up 0.3%

DARP stock traded up $0.14 during midday trading on Wednesday, hitting $51.33. The stock had a trading volume of 62,997 shares, compared to its average volume of 11,507. The firm has a market capitalization of $31.82 million, a price-to-earnings ratio of 35.38 and a beta of 1.25. Grizzle Growth ETF has a 52 week low of $25.58 and a 52 week high of $52.50. The stock has a 50-day simple moving average of $49.33 and a 200 day simple moving average of $46.52.

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.