GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Short Interest Update

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,480,163 shares, a growth of 84.0% from the May 31st total of 1,347,576 shares. Based on an average trading volume of 5,011,874 shares, the short-interest ratio is presently 0.5 days. Currently, 8.6% of the company’s shares are sold short.

Hedge Funds Weigh In On GraniteShares 2x Long PLTR Daily ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its position in shares of GraniteShares 2x Long PLTR Daily ETF by 20.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 100,121 shares of the company’s stock worth $2,676,000 after buying an additional 17,174 shares during the period. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 1st quarter valued at approximately $675,000. Renaissance Technologies LLC acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 1st quarter valued at approximately $570,000. Mariner LLC acquired a new stake in shares of GraniteShares 2x Long PLTR Daily ETF in the 4th quarter valued at approximately $802,000. Finally, Vestor Capital LLC boosted its stake in GraniteShares 2x Long PLTR Daily ETF by 233.7% during the 1st quarter. Vestor Capital LLC now owns 24,762 shares of the company’s stock worth $405,000 after acquiring an additional 17,342 shares during the last quarter.

GraniteShares 2x Long PLTR Daily ETF Price Performance

PTIR stock opened at $10.85 on Thursday. GraniteShares 2x Long PLTR Daily ETF has a twelve month low of $7.84 and a twelve month high of $40.78. The business’s fifty day moving average is $13.14 and its 200-day moving average is $17.84.

GraniteShares 2x Long PLTR Daily ETF Company Profile

The GraniteShares 2x Long PLTR Daily ETF (PTIR) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.