Short Interest in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Drops By 36.0%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,146 shares, a decline of 36.0% from the December 15th total of 1,792 shares. Based on an average daily trading volume, of 28,460 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 28,460 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors 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 stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,723 shares of the company’s stock after buying an additional 33,490 shares during the quarter. Optiver Holding B.V. owned about 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

GraniteShares 2x Long QCOM Daily ETF Stock Performance

QCML stock traded down $0.41 on Friday, reaching $18.38. The company’s stock had a trading volume of 102,191 shares, compared to its average volume of 105,682. The business has a fifty day simple moving average of $21.60 and a two-hundred day simple moving average of $20.63. GraniteShares 2x Long QCOM Daily ETF has a 12-month low of $12.18 and a 12-month 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.