GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Sees Large Growth in Short Interest

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 47,693 shares, a growth of 404.8% from the April 30th total of 9,447 shares. Approximately 10.4% of the shares of the company are sold short. Based on an average daily volume of 188,305 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of GraniteShares 2x Long DELL Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long DELL Daily ETF stock. Optiver Holding B.V. boosted its position in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) by 107.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 53,037 shares of the company’s stock after purchasing an additional 27,417 shares during the quarter. Optiver Holding B.V. owned about 10.82% of GraniteShares 2x Long DELL Daily ETF worth $1,653,000 at the end of the most recent reporting period.

GraniteShares 2x Long DELL Daily ETF Stock Performance

DLLL traded up $8.67 during trading on Thursday, hitting $120.48. The stock had a trading volume of 274,058 shares, compared to its average volume of 122,986. The company has a 50 day moving average price of $56.59 and a 200-day moving average price of $35.28. GraniteShares 2x Long DELL Daily ETF has a one year low of $17.34 and a one year high of $123.22.

GraniteShares 2x Long DELL Daily ETF Company Profile

The GraniteShares 2x Long DELL Daily ETF (DLLL) 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 Dell Technologies Inc stock DLLL was launched on Feb 13, 2025 and is issued by GraniteShares.