GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) Short Interest Update

GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 16,648 shares, a growth of 23.9% from the December 31st total of 13,436 shares. Based on an average daily volume of 58,229 shares, the short-interest ratio is currently 0.3 days. Currently, 8.8% of the company’s shares are sold short. Currently, 8.8% of the company’s shares are sold short. Based on an average daily volume of 58,229 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On GraniteShares 2x Long RIVN Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Long RIVN Daily ETF stock. Optiver Holding B.V. increased its position in GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) by 3.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,503 shares of the company’s stock after buying an additional 252 shares during the period. Optiver Holding B.V. owned 3.13% of GraniteShares 2x Long RIVN Daily ETF worth $281,000 at the end of the most recent reporting period.

GraniteShares 2x Long RIVN Daily ETF Stock Performance

GraniteShares 2x Long RIVN Daily ETF stock opened at $29.40 on Thursday. GraniteShares 2x Long RIVN Daily ETF has a 52-week low of $24.49 and a 52-week high of $75.17. The stock’s 50 day moving average price is $48.20 and its two-hundred day moving average price is $38.41.

GraniteShares 2x Long RIVN Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long RIVN Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.