GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Get Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 100,317 shares, a growth of 207.0% from the April 15th total of 32,677 shares. Based on an average daily volume of 1,183,165 shares, the days-to-cover ratio is presently 0.1 days. Currently, 5.0% of the shares of the company are sold short.
GraniteShares 2x Long QCOM Daily ETF Price Performance
Shares of NASDAQ:QCML traded down $3.59 during trading on Thursday, hitting $25.71. 2,705,691 shares of the stock were exchanged, compared to its average volume of 631,753. GraniteShares 2x Long QCOM Daily ETF has a 1-year low of $10.46 and a 1-year high of $40.00. The company’s fifty day simple moving average is $15.23 and its 200-day simple moving average is $18.06.
Institutional Trading of GraniteShares 2x Long QCOM Daily ETF
An institutional investor recently bought a new position in GraniteShares 2x Long QCOM Daily ETF stock. Simplex Trading LLC acquired a new position in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,447 shares of the company’s stock, valued at approximately $31,000. Simplex Trading LLC owned approximately 0.16% of GraniteShares 2x Long QCOM Daily ETF at the end of the most recent quarter.
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.
See Also
- Five stocks we like better than GraniteShares 2x Long QCOM Daily ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for GraniteShares 2x Long QCOM Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long QCOM Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
