RiverNorth Patriot ETF (BATS:FLDZ) Stock Short Interest Report for September

RiverNorth Patriot ETF (BATS:FLDZ) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 590 shares, a growth of 57.3% from the September 15th total of 375 shares. Based on an average daily volume of 149 shares, the short-interest ratio is currently 4.0 days. Approximately 0.4% of the company’s stock are short sold.

RiverNorth Patriot ETF Price Performance

Shares of RiverNorth Patriot ETF stock opened at $26.49 on Friday. The firm has a market cap of $3.97 million, a price-to-earnings ratio of 18.39 and a beta of 0.92. The stock has a 50-day simple moving average of $29.58 and a 200-day simple moving average of $30.04. RiverNorth Patriot ETF has a 52-week low of $25.92 and a 52-week high of $34.15.

Hedge Funds Weigh In On RiverNorth Patriot ETF

An institutional investor recently raised its position in RiverNorth Patriot ETF stock. Wedbush Securities Inc. raised its holdings in RiverNorth Patriot ETF (BATS:FLDZ) by 50.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 118,052 shares of the company’s stock after acquiring an additional 39,406 shares during the quarter. Wedbush Securities Inc. owned about 78.70% of RiverNorth Patriot ETF worth $1,633,000 at the end of the most recent quarter.

RiverNorth Patriot ETF Company Profile

The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.