RiverNorth Patriot ETF (BATS:FLDZ) Sees Significant Increase in Short Interest

RiverNorth Patriot ETF (BATS:FLDZ) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 277 shares, an increase of 114.7% from the July 15th total of 129 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 93 shares, the short-interest ratio is presently 3.0 days.

RiverNorth Patriot ETF Price Performance

Shares of BATS FLDZ opened at $34.12 on Friday. RiverNorth Patriot ETF has a fifty-two week low of $28.13 and a fifty-two week high of $34.15. The firm has a market capitalization of $5.12 million, a P/E ratio of 18.39 and a beta of 0.92. The company’s 50 day simple moving average is $30.93 and its 200 day simple moving average is $30.21.

About RiverNorth Patriot ETF

The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.