Short Interest in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Declines By 38.4%
by Jessica Moore · The Cerbat GemGraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP – Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 202 shares, a drop of 38.4% from the March 15th total of 328 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,577 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of GraniteShares Nasdaq Select Disruptors ETF
Several large investors have recently modified their holdings of DRUP. Jane Street Group LLC acquired a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter worth approximately $288,000. Citadel Advisors LLC grew its position in shares of GraniteShares Nasdaq Select Disruptors ETF by 186.9% during the 3rd quarter. Citadel Advisors LLC now owns 18,594 shares of the company’s stock worth $1,212,000 after buying an additional 12,113 shares during the period. Susquehanna International Group LLP grew its position in shares of 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 buying an additional 4,173 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF during the 3rd quarter worth approximately $683,000. Finally, LPL Financial LLC grew its position in shares of 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 buying an additional 300 shares during the period.
GraniteShares Nasdaq Select Disruptors ETF Stock Performance
Shares of DRUP stock traded up $1.47 during trading hours on Wednesday, hitting $57.03. 4,767 shares of the company were exchanged, compared to its average volume of 1,776. The firm has a market cap of $45.62 million, a P/E ratio of 36.16 and a beta of 1.16. GraniteShares Nasdaq Select Disruptors ETF has a fifty-two week low of $48.07 and a fifty-two week high of $68.88. The company has a 50 day simple moving average of $57.03 and a two-hundred day simple moving average of $63.06.
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.