Short Interest in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Rises By 84.1%

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCLGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 673,230 shares, a growth of 84.1% from the August 15th total of 365,652 shares. Based on an average daily volume of 680,014 shares, the short-interest ratio is currently 1.0 days. Currently, 19.9% of the company’s stock are sold short.

GraniteShares 2x Long SMCI Daily ETF Stock Up 4.3%

GraniteShares 2x Long SMCI Daily ETF stock traded up $0.63 during midday trading on Wednesday, hitting $15.45. 188,007 shares of the stock were exchanged, compared to its average volume of 1,371,632. GraniteShares 2x Long SMCI Daily ETF has a 52-week low of $7.52 and a 52-week high of $143.67. The business’s 50-day moving average price is $14.06 and its 200-day moving average price is $18.08.

Hedge Funds Weigh In On GraniteShares 2x Long SMCI Daily ETF

An institutional investor recently bought a new stake in GraniteShares 2x Long SMCI Daily ETF stock. IMC Chicago LLC bought a new stake in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCLFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 92,856 shares of the company’s stock, valued at approximately $160,000. IMC Chicago LLC owned approximately 15.48% of GraniteShares 2x Long SMCI Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long SMCI Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long SMCI Daily ETF (SMCL) 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 Super Micro Computer Inc (ticker: SMCI) stock. SMCL was launched on Dec 12, 2024 and is issued by GraniteShares.

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