Short Interest in 2x Long PLTR Daily ETF (NASDAQ:PLTG) Increases By 143.7%

2x Long PLTR Daily ETF (NASDAQ:PLTG) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 489,807 shares, a growth of 143.7% from the June 15th total of 200,958 shares. Currently, 16.8% of the shares of the company are sold short. Based on an average daily volume of 427,555 shares, the days-to-cover ratio is currently 1.1 days.

2x Long PLTR Daily ETF Stock Performance

Shares of PLTG traded down $0.20 during mid-day trading on Thursday, hitting $11.43. The stock had a trading volume of 60,769 shares, compared to its average volume of 363,351. The business has a fifty day moving average price of $12.02 and a 200-day moving average price of $15.99. 2x Long PLTR Daily ETF has a 52 week low of $7.54 and a 52 week high of $44.95.

2x Long PLTR Daily ETF Company Profile

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.