GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Short Interest Down 50.1% in May

Posted by Amy Steele on Jun 13th, 2026

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR – Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,347,576 shares, a drop of 50.1% from the May 14th total of 2,701,936 shares. Currently, 4.7% of the company’s stock are short sold. Based on an average daily trading volume, of 5,434,119 shares, the short-interest ratio is currently 0.2 days.

GraniteShares 2x Long PLTR Daily ETF Stock Down 4.6%

NASDAQ:PTIR opened at $11.56 on Friday. GraniteShares 2x Long PLTR Daily ETF has a 1-year low of $11.31 and a 1-year high of $40.78. The company has a 50-day moving average of $14.39 and a 200 day moving average of $19.47.

Hedge Funds Weigh In On GraniteShares 2x Long PLTR Daily ETF

Several institutional investors have recently bought and sold shares of PTIR. NewEdge Advisors LLC grew its stake in GraniteShares 2x Long PLTR Daily ETF by 167.8% in the first quarter. NewEdge Advisors LLC now owns 8,570 shares of the company’s stock valued at $1,140,000 after purchasing an additional 5,370 shares during the last quarter. Jane Street Group LLC lifted its position in shares of GraniteShares 2x Long PLTR Daily ETF by 53.3% during the first quarter. Jane Street Group LLC now owns 11,814 shares of the company’s stock valued at $1,571,000 after buying an additional 4,106 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 2nd quarter valued at about $204,000. New Millennium Group LLC bought a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 3rd quarter valued at about $227,000. Finally, Stevens Capital Management LP purchased a new position in shares of GraniteShares 2x Long PLTR Daily ETF in the 3rd quarter worth approximately $509,000.

About GraniteShares 2x Long PLTR Daily ETF

(Get Free Report)

The GraniteShares 2x Long PLTR Daily ETF (PTIR) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.