Short Interest in RiverNorth Patriot ETF (BATS:FLDZ) Increases By 114.7%

RiverNorth Patriot ETF (BATS:FLDZ) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 277 shares, an increase of 114.7% from the July 15th total of 129 shares. Based on an average trading volume of 93 shares, the days-to-cover ratio is presently 3.0 days. Currently, 0.2% of the company’s stock are sold short.

RiverNorth Patriot ETF Stock Performance

Shares of FLDZ opened at $34.12 on Friday. The company has a market capitalization of $5.12 million, a P/E ratio of 18.39 and a beta of 0.92. RiverNorth Patriot ETF has a one year low of $28.13 and a one year high of $34.15. The stock has a 50-day moving average price of $30.93 and a 200 day moving average price of $30.21.

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.