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

2x Long PLTR Daily ETF (NASDAQ:PLTG) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 210,924 shares, a decline of 56.9% from the June 30th total of 489,807 shares. Currently, 7.9% of the company’s shares are sold short. Based on an average daily volume of 442,050 shares, the short-interest ratio is currently 0.5 days.

2x Long PLTR Daily ETF Trading Down 1.4%

Shares of PLTG traded down $0.14 during trading hours on Wednesday, hitting $9.63. 230,682 shares of the stock were exchanged, compared to its average volume of 355,539. 2x Long PLTR Daily ETF has a fifty-two week low of $7.54 and a fifty-two week high of $44.95. The business has a 50-day moving average of $11.57 and a 200-day moving average of $14.80.

About 2x Long PLTR Daily ETF

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.