Grizzle Growth ETF (NYSEARCA:DARP) Stock Short Interest Drops 92.7%

Grizzle Growth ETF (NYSEARCA:DARP) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 841 shares, a decline of 92.7% from the September 15th total of 11,557 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,605 shares, the days-to-cover ratio is presently 0.1 days.

Grizzle Growth ETF Stock Performance

Shares of NYSEARCA DARP traded up $0.56 during midday trading on Friday, hitting $59.95. 1,366 shares of the company’s stock traded hands, compared to its average volume of 10,055. The firm has a fifty day moving average of $57.97 and a 200 day moving average of $56.12. Grizzle Growth ETF has a 1 year low of $40.40 and a 1 year high of $61.76. The stock has a market capitalization of $47.36 million, a price-to-earnings ratio of 35.38 and a beta of 1.27.

Institutional Trading of Grizzle Growth ETF

A hedge fund recently bought a new stake in Grizzle Growth ETF stock. SMART Wealth LLC purchased a new position in Grizzle Growth ETF (NYSEARCA:DARP) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 27,858 shares of the company’s stock, valued at approximately $1,670,000. SMART Wealth LLC owned 4.57% of Grizzle Growth ETF at the end of the most recent quarter.

About Grizzle Growth ETF

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.