RiverNorth Patriot ETF (BATS:FLDZ – Get Free Report) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 375 shares, a decline of 63.1% from the August 31st total of 1,017 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 442 shares, the days-to-cover ratio is currently 0.8 days.
Institutional Trading of RiverNorth Patriot ETF
An institutional investor recently raised its stake in RiverNorth Patriot ETF stock. Wedbush Securities Inc. increased its position in RiverNorth Patriot ETF (BATS:FLDZ – Free Report) by 50.1% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 118,052 shares of the company’s stock after purchasing an additional 39,406 shares during the period. Wedbush Securities Inc. owned 78.70% of RiverNorth Patriot ETF worth $1,633,000 at the end of the most recent reporting period.
RiverNorth Patriot ETF Stock Performance
FLDZ stock opened at $28.14 on Tuesday. RiverNorth Patriot ETF has a 1 year low of $28.13 and a 1 year high of $34.15. The firm has a market cap of $4.22 million, a P/E ratio of 18.39 and a beta of 0.92. The stock has a 50-day simple moving average of $30.44 and a 200-day simple moving average of $30.20.
RiverNorth Patriot ETF Company Profile
The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.
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