GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL) Short Interest Down 44.7% in February

GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRLGet Free Report) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 56,161 shares, a drop of 44.7% from the February 12th total of 101,588 shares. Based on an average daily trading volume, of 66,687 shares, the days-to-cover ratio is currently 0.8 days. Approximately 4.6% of the company’s shares are sold short. Approximately 4.6% of the company’s shares are sold short. Based on an average daily trading volume, of 66,687 shares, the days-to-cover ratio is currently 0.8 days.

GraniteShares 2x Long UBER Daily ETF Price Performance

GraniteShares 2x Long UBER Daily ETF stock opened at $16.50 on Friday. The firm has a 50-day moving average of $18.96 and a two-hundred day moving average of $26.39. GraniteShares 2x Long UBER Daily ETF has a 1 year low of $14.86 and a 1 year high of $38.35.

GraniteShares 2x Long UBER Daily ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 29th were paid a dividend of $2.2162 per share. This represents a c) annualized dividend and a dividend yield of 161.2%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of UBRL. Group One Trading LLC bought a new stake in GraniteShares 2x Long UBER Daily ETF during the 3rd quarter valued at $248,000. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long UBER Daily ETF by 267.1% in the 3rd quarter. Optiver Holding B.V. now owns 18,579 shares of the company’s stock worth $657,000 after buying an additional 13,518 shares during the period. Finally, Genesis Financial Group LLC bought a new position in shares of GraniteShares 2x Long UBER Daily ETF during the 4th quarter worth $1,504,000.

GraniteShares 2x Long UBER Daily ETF Company Profile

(Get Free Report)

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

Further Reading

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