2x Long PLTR Daily ETF (NASDAQ:PLTG) Sees Significant Drop in Short Interest

2x Long PLTR Daily ETF (NASDAQ:PLTGGet Free Report) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 34,187 shares, a decline of 76.0% from the July 30th total of 142,533 shares. Based on an average daily volume of 477,465 shares, the short-interest ratio is presently 0.1 days. Approximately 1.3% of the company’s stock are short sold.

2x Long PLTR Daily ETF Stock Performance

Shares of 2x Long PLTR Daily ETF stock opened at $20.39 on Friday. 2x Long PLTR Daily ETF has a 1-year low of $7.54 and a 1-year high of $44.95. The business has a 50-day moving average of $13.19 and a 200-day moving average of $14.12.

2x Long PLTR Daily ETF Company Profile

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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.

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