GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Short Interest Update

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 7,861 shares, a decline of 92.2% from the April 30th total of 100,317 shares. Based on an average daily trading volume, of 3,657,449 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.4% of the shares of the stock are short sold.

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

A hedge fund recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. lifted its holdings in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,723 shares of the company’s stock after purchasing an additional 33,490 shares during the period. Optiver Holding B.V. owned about 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 at the end of the most recent reporting period.

GraniteShares 2x Long QCOM Daily ETF Stock Up 11.8%

Shares of QCML stock traded up $4.01 during midday trading on Thursday, reaching $38.08. 1,518,668 shares of the company were exchanged, compared to its average volume of 780,654. GraniteShares 2x Long QCOM Daily ETF has a 12 month low of $10.46 and a 12 month high of $41.61. The company’s 50 day moving average price is $18.46 and its two-hundred day moving average price is $18.50.

About GraniteShares 2x Long QCOM Daily ETF

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.