GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 248,834 shares, a growth of 50.2% from the July 30th total of 165,667 shares. Approximately 6.7% of the shares of the company are short sold. Based on an average trading volume of 404,908 shares, the days-to-cover ratio is presently 0.6 days.
Institutional Investors Weigh In On GraniteShares 2x Long QCOM Daily ETF
An institutional investor recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. raised its stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Free Report) by 30.6% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 59,456 shares of the company’s stock after buying an additional 13,942 shares during the period. Optiver Holding B.V. owned about 2.97% of GraniteShares 2x Long QCOM Daily ETF worth $692,000 at the end of the most recent quarter.
GraniteShares 2x Long QCOM Daily ETF Trading Down 6.9%
Shares of GraniteShares 2x Long QCOM Daily ETF stock traded down $1.11 during trading on Tuesday, hitting $14.90. 297,937 shares of the company’s stock were exchanged, compared to its average volume of 946,385. The business has a 50-day simple moving average of $16.78 and a 200-day simple moving average of $18.55. GraniteShares 2x Long QCOM Daily ETF has a 52-week low of $10.46 and a 52-week high of $41.90.
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.
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