GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) Short Interest Update

GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 16,648 shares, a growth of 23.9% from the December 31st total of 13,436 shares. Currently, 8.8% of the company’s shares are short sold. Based on an average daily trading volume, of 58,229 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 58,229 shares, the short-interest ratio is presently 0.3 days. Currently, 8.8% of the company’s shares are short sold.

Institutional Trading of GraniteShares 2x Long RIVN Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long RIVN Daily ETF stock. Optiver Holding B.V. boosted its holdings in GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) by 3.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,503 shares of the company’s stock after acquiring an additional 252 shares during the quarter. Optiver Holding B.V. owned about 3.13% of GraniteShares 2x Long RIVN Daily ETF worth $281,000 as of its most recent filing with the SEC.

GraniteShares 2x Long RIVN Daily ETF Trading Down 4.0%

GraniteShares 2x Long RIVN Daily ETF stock opened at $29.67 on Tuesday. GraniteShares 2x Long RIVN Daily ETF has a fifty-two week low of $24.49 and a fifty-two week high of $75.17. The firm has a 50 day moving average price of $48.59 and a 200 day moving average price of $38.51.

About GraniteShares 2x Long RIVN Daily ETF

GraniteShares ETF Trust – GraniteShares 2x Long RIVN Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing and manufacturing electric vehicles and accessories sectors. It uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.