GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL) Short Interest Down 70.5% in May

Posted by Amy Steele on Jun 11th, 2026

GraniteShares 2x Long RDDT Daily ETF (NASDAQ:RDTL – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 84,042 shares, a decline of 70.5% from the May 14th total of 284,985 shares. Currently, 3.0% of the company’s shares are short sold. Based on an average daily volume of 726,719 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On GraniteShares 2x Long RDDT Daily ETF

A number of hedge funds have recently added to or reduced their stakes in RDTL. HRT Financial LP bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter worth approximately $249,000. Renaissance Technologies LLC bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the first quarter worth approximately $262,000. Simplex Trading LLC bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter worth approximately $388,000. Genesis Financial Group LLC bought a new stake in GraniteShares 2x Long RDDT Daily ETF in the fourth quarter worth approximately $2,008,000. Finally, Susquehanna International Group LLP increased its holdings in GraniteShares 2x Long RDDT Daily ETF by 44.0% in the third quarter. Susquehanna International Group LLP now owns 35,477 shares of the company’s stock worth $2,074,000 after purchasing an additional 10,838 shares in the last quarter.

GraniteShares 2x Long RDDT Daily ETF Trading Down 1.3%

RDTL stock traded down $0.27 during mid-day trading on Thursday, reaching $21.14. The company’s stock had a trading volume of 313,186 shares, compared to its average volume of 598,596. The business’s 50 day moving average price is $18.90 and its 200 day moving average price is $29.13. GraniteShares 2x Long RDDT Daily ETF has a 12 month low of $11.76 and a 12 month high of $89.84.

About GraniteShares 2x Long RDDT Daily ETF

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GraniteShares ETF Trust – GraniteShares 2x Long RDDT Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across information technology, designing, developing, manufacturing, marketing, selling, and supporting a wide range of comprehensive and integrated solutions, products, and services sectors. It uses derivatives such as swaps to create its portfolio.