Grizzle Growth ETF (NYSEARCA:DARP) Sees Large Growth in Short Interest

Grizzle Growth ETF (NYSEARCA:DARP) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 25,333 shares, a growth of 139.0% from the July 30th total of 10,601 shares. Approximately 4.2% of the company’s shares are short sold. Based on an average daily volume of 21,257 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of Grizzle Growth ETF

A hedge fund recently bought a new stake in Grizzle Growth ETF stock. Tidal Investments LLC bought a new position in shares of Grizzle Growth ETF (NYSEARCA:DARP) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 23,828 shares of the company’s stock, valued at approximately $859,000. Tidal Investments LLC owned about 18.33% of Grizzle Growth ETF at the end of the most recent reporting period.

Grizzle Growth ETF Price Performance

Shares of NYSEARCA:DARP remained flat at $57.98 on Friday. The stock had a trading volume of 12,265 shares, compared to its average volume of 10,629. The company has a market capitalization of $35.37 million, a PE ratio of 35.38 and a beta of 1.27. Grizzle Growth ETF has a fifty-two week low of $35.04 and a fifty-two week high of $61.76. The stock’s 50 day simple moving average is $57.07 and its 200 day simple moving average is $54.39.

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.