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

GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 8,016 shares, an increase of 346.8% from the June 15th total of 1,794 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average trading volume of 66,393 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long RIVN Daily ETF Price Performance

RVNL stock traded down $2.33 during midday trading on Friday, reaching $31.33. The stock had a trading volume of 96,076 shares, compared to its average volume of 62,611. GraniteShares 2x Long RIVN Daily ETF has a twelve month low of $19.25 and a twelve month high of $75.17. The business has a fifty day simple moving average of $28.78 and a two-hundred day simple moving average of $34.35.

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

A hedge fund recently bought a new position in GraniteShares 2x Long RIVN Daily ETF stock. Jane Street Group LLC acquired a new stake in GraniteShares 2x Long RIVN Daily ETF (NASDAQ:RVNL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,089 shares of the company’s stock, valued at approximately $231,000. Jane Street Group LLC owned about 1.78% of GraniteShares 2x Long RIVN Daily ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

GraniteShares 2x Long RIVN Daily ETF Company Profile

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.