GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Short Interest Down 47.4% in July

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 185,058 shares, a decline of 47.4% from the July 15th total of 351,937 shares. Based on an average daily volume of 1,056,535 shares, the short-interest ratio is presently 0.2 days. Approximately 3.8% of the company’s shares are sold short.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of GraniteShares 2x Long DELL Daily ETF stock traded down $0.43 during midday trading on Friday, hitting $29.30. The company’s stock had a trading volume of 643,456 shares, compared to its average volume of 1,528,302. The stock has a 50-day simple moving average of $23.24 and a 200-day simple moving average of $12.53. GraniteShares 2x Long DELL Daily ETF has a 1-year low of $2.17 and a 1-year high of $32.11.

Institutional Investors Weigh In On GraniteShares 2x Long DELL Daily ETF

An institutional investor recently bought a new stake in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management bought a new stake in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,500 shares of the company’s stock, valued at approximately $53,000. Hollencrest Capital Management owned approximately 0.33% of GraniteShares 2x Long DELL Daily ETF at the end of the most recent reporting period.

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.