GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Sees Significant Decline in Short Interest

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 2 shares, a drop of 96.2% from the September 15th total of 53 shares. Based on an average trading volume of 959 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

GraniteShares Nasdaq Select Disruptors ETF Trading Up 2.2%

NYSEARCA:DRUP traded up $1.57 on Friday, hitting $73.25. 36 shares of the company’s stock traded hands, compared to its average volume of 1,834. GraniteShares Nasdaq Select Disruptors ETF has a 1 year low of $52.83 and a 1 year high of $73.25. The firm has a 50-day moving average price of $69.70 and a 200-day moving average price of $63.65. The company has a market cap of $51.27 million, a PE ratio of 36.16 and a beta of 1.14.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in GraniteShares Nasdaq Select Disruptors ETF stock. 46 Peaks LLC bought a new position in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,777 shares of the company’s stock, valued at approximately $252,000. GraniteShares Nasdaq Select Disruptors ETF makes up about 0.2% of 46 Peaks LLC’s holdings, making the stock its 21st biggest holding. 46 Peaks LLC owned approximately 0.44% of GraniteShares Nasdaq Select Disruptors ETF at the end of the most recent quarter.

About GraniteShares Nasdaq Select Disruptors ETF

(Get Free Report)

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.

See Also

Receive News & Ratings for GraniteShares Nasdaq Select Disruptors ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares Nasdaq Select Disruptors ETF and related companies with MarketBeat.com's FREE daily email newsletter.