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

RiverNorth Patriot ETF (BATS:FLDZ) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 285 shares, a drop of 51.7% from the September 30th total of 590 shares. Based on an average daily volume of 333 shares, the short-interest ratio is currently 0.9 days. Currently, 0.2% of the shares of the company are short sold.

RiverNorth Patriot ETF Stock Performance

Shares of BATS:FLDZ opened at $27.40 on Friday. The company has a 50-day simple moving average of $28.20 and a 200-day simple moving average of $29.74. RiverNorth Patriot ETF has a one year low of $25.47 and a one year high of $34.15. The stock has a market capitalization of $4.11 million, a price-to-earnings ratio of 18.39 and a beta of 0.92.

Institutional Trading of RiverNorth Patriot ETF

An institutional investor recently raised its stake in RiverNorth Patriot ETF stock. Wedbush Securities Inc. increased its stake in shares of RiverNorth Patriot ETF (BATS:FLDZ) by 50.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 118,052 shares of the company’s stock after purchasing an additional 39,406 shares during the quarter. Wedbush Securities Inc. owned 78.70% of RiverNorth Patriot ETF worth $1,633,000 as of its most recent SEC filing.

About RiverNorth Patriot ETF

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.