GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Short Interest Down 15.5% in February

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the recipient of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 4,852 shares, a decline of 15.5% from the February 12th total of 5,741 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily volume of 38,713 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 38,713 shares, the short-interest ratio is currently 0.1 days. Currently, 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On GraniteShares 2x Long QCOM Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long QCOM Daily ETF stock. Simplex Trading LLC bought a new stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,447 shares of the company’s stock, valued at approximately $31,000. Simplex Trading LLC owned 0.16% of GraniteShares 2x Long QCOM Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long QCOM Daily ETF Price Performance

NASDAQ QCML traded up $0.56 on Tuesday, hitting $12.43. The stock had a trading volume of 52,689 shares, compared to its average volume of 83,730. The company’s 50-day moving average is $15.88 and its two-hundred day moving average is $19.46. GraniteShares 2x Long QCOM Daily ETF has a one year low of $11.78 and a one year high of $30.56.

GraniteShares 2x Long QCOM Daily ETF Company Profile

The GraniteShares 2x Long QCOM Daily ETF (QCML) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Qualcomm Inc(QCOM) stock. QCML was launched on Feb 13, 2025 and is issued by GraniteShares.