Ranger Equity Bear ETF (NYSEARCA:HDGE) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 153,596 shares, a drop of 74.8% from the October 15th total of 609,989 shares. Based on an average daily trading volume, of 663,715 shares, the days-to-cover ratio is currently 0.2 days.

NYSEARCA:HDGE opened at $7.77 on Friday. Ranger Equity Bear ETF has a 1-year low of $7.22 and a 1-year high of $8.58.

A hedge fund recently bought a new stake in Ranger Equity Bear ETF stock. Raymond James Financial Services Advisors Inc. purchased a new stake in Ranger Equity Bear ETF (NYSEARCA:HDGE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 26,186 shares of the exchange traded fund’s stock, valued at approximately $204,000. Raymond James Financial Services Advisors Inc. owned 0.15% of Ranger Equity Bear ETF as of its most recent SEC filing.

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