Strive U.S. Semiconductor ETF (NYSE:SHOC) Stock Short Interest Report for September

Strive U.S. Semiconductor ETF (NYSE:SHOC) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 10,729 shares, a growth of 63.5% from the September 15th total of 6,562 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 7,296 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC grew its holdings in Strive U.S. Semiconductor ETF by 110.7% in the second quarter. Citadel Advisors LLC now owns 8,450 shares of the company’s stock worth $1,031,000 after purchasing an additional 4,440 shares during the period. Corient Private Wealth LP acquired a new position in shares of Strive U.S. Semiconductor ETF during the second quarter valued at about $277,000. Cetera Investment Advisers raised its holdings in shares of Strive U.S. Semiconductor ETF by 11.6% during the first quarter. Cetera Investment Advisers now owns 27,770 shares of the company’s stock valued at $2,000,000 after purchasing an additional 2,879 shares during the period. Demars Financial Group LLC raised its holdings in shares of Strive U.S. Semiconductor ETF by 89.1% during the first quarter. Demars Financial Group LLC now owns 27,360 shares of the company’s stock valued at $1,971,000 after purchasing an additional 12,894 shares during the period. Finally, Birch Financial Group LLC boosted its position in shares of Strive U.S. Semiconductor ETF by 9.9% during the 1st quarter. Birch Financial Group LLC now owns 11,250 shares of the company’s stock worth $810,000 after purchasing an additional 1,014 shares in the last quarter.

Strive U.S. Semiconductor ETF Trading Down 3.6%

SHOC stock traded down $3.71 during mid-day trading on Friday, reaching $98.48. The company’s stock had a trading volume of 10,572 shares, compared to its average volume of 16,299. Strive U.S. Semiconductor ETF has a 12 month low of $60.62 and a 12 month high of $124.68. The business’s 50 day moving average price is $106.85 and its 200 day moving average price is $104.36. The company has a market cap of $217.64 million, a price-to-earnings ratio of 41.80 and a beta of 1.92.

About Strive U.S. Semiconductor ETF

The Strive U.S. Semiconductor ETF (SHOC) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of the 30 largest semiconductor companies in the US equity market. SHOC was launched on Oct 6, 2022 and is managed by Strive.