2x Long PLTR Daily ETF (NASDAQ:PLTG) Sees Significant Growth in Short Interest

2x Long PLTR Daily ETF (NASDAQ:PLTGGet Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 284,860 shares, a growth of 353.0% from the April 30th total of 62,882 shares. Based on an average daily trading volume, of 549,480 shares, the days-to-cover ratio is presently 0.5 days. Currently, 15.6% of the company’s shares are short sold.

2x Long PLTR Daily ETF Trading Up 18.6%

NASDAQ PLTG opened at $16.92 on Friday. The business’s 50-day moving average price is $14.56 and its 200 day moving average price is $20.79. 2x Long PLTR Daily ETF has a twelve month low of $10.96 and a twelve month high of $44.95.

2x Long PLTR Daily ETF Company Profile

(Get Free Report)

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.

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