GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Short Interest Update

GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 265 shares, an increase of 31.2% from the March 31st total of 202 shares. Based on an average daily volume of 1,605 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

GraniteShares Nasdaq Select Disruptors ETF Price Performance

NYSEARCA:DRUP traded up $0.55 during mid-day trading on Friday, hitting $58.11. 693 shares of the company’s stock were exchanged, compared to its average volume of 1,870. The company has a market cap of $46.49 million, a PE ratio of 36.16 and a beta of 1.16. GraniteShares Nasdaq Select Disruptors ETF has a one year low of $52.83 and a one year high of $68.88. The business has a fifty day moving average price of $56.96 and a 200 day moving average price of $62.47.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC raised its holdings in GraniteShares Nasdaq Select Disruptors ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 13,834 shares of the company’s stock valued at $924,000 after buying an additional 300 shares during the period. 46 Peaks LLC purchased a new stake in shares of GraniteShares Nasdaq Select Disruptors ETF in the fourth quarter valued at $252,000. Susquehanna International Group LLP lifted its holdings in shares of GraniteShares Nasdaq Select Disruptors ETF by 122.0% in the 3rd quarter. Susquehanna International Group LLP now owns 7,593 shares of the company’s stock worth $495,000 after acquiring an additional 4,173 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of GraniteShares Nasdaq Select Disruptors ETF during the 2nd quarter worth about $288,000. Finally, NewEdge Advisors LLC purchased a new stake in GraniteShares Nasdaq Select Disruptors ETF in the 3rd quarter worth about $683,000.

About GraniteShares Nasdaq Select Disruptors ETF

The GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a free-float market-cap weighted index of US large-cap companies that are deemed to be at the forefront of disruption and technological advancement. DRUP was launched on Oct 7, 2019 and is issued by GraniteShares.