Short Interest in Grizzle Growth ETF (NYSEARCA:DARP) Drops By 37.1%

Grizzle Growth ETF (NYSEARCA:DARP) was the recipient of a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 10,881 shares, a decline of 37.1% from the February 26th total of 17,286 shares. Approximately 2.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,787 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Grizzle Growth ETF

An institutional investor recently bought a new position in Grizzle Growth ETF stock. Tidal Investments LLC purchased a new position in shares of Grizzle Growth ETF (NYSEARCA:DARP) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF at the end of the most recent quarter.

Grizzle Growth ETF Stock Performance

Shares of DARP traded down $0.32 during trading hours on Friday, reaching $47.20. The stock had a trading volume of 54,360 shares, compared to its average volume of 11,162. Grizzle Growth ETF has a 12 month low of $24.74 and a 12 month high of $52.50. The stock has a market capitalization of $17.94 million, a PE ratio of 35.38 and a beta of 1.24. The company’s 50-day moving average is $49.55 and its two-hundred day moving average is $45.77.

Grizzle Growth ETF Company Profile

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.