2x Long PLTR Daily ETF (NASDAQ:PLTG) Sees Significant Increase in Short Interest

2x Long PLTR Daily ETF (NASDAQ:PLTG) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 489,807 shares, a growth of 143.7% from the June 15th total of 200,958 shares. Based on an average daily trading volume, of 427,555 shares, the short-interest ratio is currently 1.1 days. Currently, 16.8% of the shares of the company are short sold.

2x Long PLTR Daily ETF Trading Up 1.5%

Shares of PLTG stock traded up $0.16 during mid-day trading on Tuesday, hitting $11.19. 239,150 shares of the stock were exchanged, compared to its average volume of 365,535. 2x Long PLTR Daily ETF has a 52-week low of $7.54 and a 52-week high of $44.95. The firm has a fifty day moving average of $12.07 and a 200 day moving average of $16.35.

2x Long PLTR Daily ETF Company Profile

The Leverage Shares 2x Long PLTR Daily ETF seeks to provide 2x daily leveraged exposure to Palantir Technologies Inc (PLTR) stock, minus fees and expenses. This ETF is designed for investors aiming to amplify their exposure to PLTR’s daily performance.