Grizzle Growth ETF (NYSEARCA:DARP) Short Interest Down 59.1% in August

Grizzle Growth ETF (NYSEARCA:DARP) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 10,355 shares, a decrease of 59.1% from the August 15th total of 25,333 shares. Approximately 1.7% of the company’s shares are sold short. Based on an average daily trading volume, of 7,129 shares, the short-interest ratio is presently 1.5 days.

Grizzle Growth ETF Trading Down 2.7%

Shares of DARP stock traded down $1.54 during mid-day trading on Monday, reaching $56.00. The stock had a trading volume of 10,219 shares, compared to its average volume of 10,414. The stock’s 50-day moving average price is $56.91 and its two-hundred day moving average price is $54.98. Grizzle Growth ETF has a 52-week low of $38.85 and a 52-week high of $61.76. The firm has a market capitalization of $34.16 million, a PE ratio of 35.38 and a beta of 1.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Grizzle Growth ETF stock. SMART Wealth LLC bought a new stake in shares of Grizzle Growth ETF (NYSEARCA:DARP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,858 shares of the company’s stock, valued at approximately $1,670,000. SMART Wealth LLC owned 4.57% of Grizzle Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Grizzle Growth ETF

The Grizzle Growth ETF (DARP) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund of global stocks involved in four key growth themes: Digitization and Cloud Computing, Future Media and Entertainment, Health and Wellness, and Sustainability and Energy Transition. DARP was launched on Dec 17, 2021 and is issued by Grizzle.