GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Sees Large Increase in Short Interest

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 265 shares, an increase of 31.2% from the March 31st total of 202 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,605 shares, the short-interest ratio is currently 0.2 days.

GraniteShares Nasdaq Select Disruptors ETF Price Performance

Shares of GraniteShares Nasdaq Select Disruptors ETF stock traded up $0.55 during trading on Friday, hitting $58.11. 693 shares of the stock were exchanged, compared to its average volume of 1,869. The stock has a market cap of $46.49 million, a price-to-earnings ratio of 36.16 and a beta of 1.16. The firm’s 50-day moving average price is $56.96 and its 200 day moving average price is $62.47. GraniteShares Nasdaq Select Disruptors ETF has a 12-month low of $52.83 and a 12-month high of $68.88.

Institutional Investors Weigh In On GraniteShares Nasdaq Select Disruptors ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. LPL Financial LLC raised its stake in GraniteShares Nasdaq Select Disruptors ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 13,834 shares of the company’s stock worth $924,000 after acquiring an additional 300 shares in the last quarter. 46 Peaks LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 4th quarter worth $252,000. Susquehanna International Group LLP raised its stake in GraniteShares Nasdaq Select Disruptors ETF by 122.0% during the 3rd quarter. Susquehanna International Group LLP now owns 7,593 shares of the company’s stock worth $495,000 after acquiring an additional 4,173 shares in the last quarter. Jane Street Group LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter worth $288,000. Finally, NewEdge Advisors LLC acquired a new stake in GraniteShares Nasdaq Select Disruptors ETF during the 3rd quarter worth $683,000.

GraniteShares Nasdaq Select Disruptors ETF Company Profile

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.