Strive U.S. Semiconductor ETF (NYSE:SHOC) Stock Short Interest Report for September

Strive U.S. Semiconductor ETF (NYSE:SHOC) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 10,729 shares, an increase of 63.5% from the September 15th total of 6,562 shares. Approximately 0.5% of the shares of the stock are sold short. Based on an average daily volume of 7,296 shares, the days-to-cover ratio is currently 1.5 days.

Strive U.S. Semiconductor ETF Stock Down 1.0%

SHOC stock opened at $102.30 on Friday. Strive U.S. Semiconductor ETF has a 52 week low of $60.62 and a 52 week high of $124.68. The company has a fifty day simple moving average of $107.05 and a two-hundred day simple moving average of $104.40. The firm has a market capitalization of $226.09 million, a P/E ratio of 41.80 and a beta of 1.92.

Institutional Trading of Strive U.S. Semiconductor ETF

Hedge funds have recently made changes to their positions in the business. Cetera Investment Advisers raised its position in shares of Strive U.S. Semiconductor ETF by 11.6% during the 1st quarter. Cetera Investment Advisers now owns 27,770 shares of the company’s stock valued at $2,000,000 after buying an additional 2,879 shares in the last quarter. Demars Financial Group LLC grew its position in Strive U.S. Semiconductor ETF by 89.1% in the first quarter. Demars Financial Group LLC now owns 27,360 shares of the company’s stock worth $1,971,000 after acquiring an additional 12,894 shares in the last quarter. Birch Financial Group LLC grew its position in Strive U.S. Semiconductor ETF by 9.9% in the first quarter. Birch Financial Group LLC now owns 11,250 shares of the company’s stock worth $810,000 after acquiring an additional 1,014 shares in the last quarter. Citadel Advisors LLC grew its position in Strive U.S. Semiconductor ETF by 110.7% in the second quarter. Citadel Advisors LLC now owns 8,450 shares of the company’s stock worth $1,031,000 after acquiring an additional 4,440 shares in the last quarter. Finally, Corient Private Wealth LP bought a new stake in Strive U.S. Semiconductor ETF during the second quarter worth approximately $277,000.

About Strive U.S. Semiconductor ETF

The Strive U.S. Semiconductor ETF (SHOC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the 30 largest semiconductor companies in the US equity market. SHOC was launched on Oct 6, 2022 and is managed by Strive.