Strive U.S. Energy ETF (NYSE:DRLL) Short Interest Update

Strive U.S. Energy ETF (NYSE:DRLL) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 7,415 shares, an increase of 81.5% from the August 31st total of 4,085 shares. Based on an average daily trading volume, of 13,726 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

Strive U.S. Energy ETF Stock Down 0.7%

DRLL traded down $0.30 during trading on Tuesday, hitting $39.95. The company’s stock had a trading volume of 18,582 shares, compared to its average volume of 21,799. The business’s 50 day simple moving average is $40.09 and its 200-day simple moving average is $37.71. The firm has a market cap of $302.82 million, a PE ratio of 15.14 and a beta of 0.40. Strive U.S. Energy ETF has a one year low of $27.31 and a one year high of $43.54.

Hedge Funds Weigh In On Strive U.S. Energy ETF

An institutional investor recently bought a new position in Strive U.S. Energy ETF stock. Burns J W & Co. Inc. NY bought a new stake in shares of Strive U.S. Energy ETF (NYSE:DRLL) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,400 shares of the company’s stock, valued at approximately $213,000. Burns J W & Co. Inc. NY owned approximately 0.07% of Strive U.S. Energy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Strive U.S. Energy ETF

The Strive U.S. Energy ETF (DRLL) is an exchange-traded fund that mostly invests in energy equity. The fund tracks a market cap-weighted index of US-listed stocks from the broad energy sector. The fund aims to influence companies to prioritize returns through shareholder engagement and proxy voting, without regard to ESG agendas. DRLL was launched on Aug 9, 2022 and is managed by Strive.