Short Interest in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Declines By 50.6%

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 20,581 shares, a decrease of 50.6% from the December 15th total of 41,693 shares. Approximately 3.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 49,659 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 49,659 shares, the days-to-cover ratio is currently 0.4 days. Approximately 3.4% of the shares of the stock are short sold.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of DLLL traded up $0.24 during mid-day trading on Friday, hitting $20.87. The company’s stock had a trading volume of 68,051 shares, compared to its average volume of 86,068. The firm has a 50-day moving average price of $24.38 and a 200 day moving average price of $27.79. GraniteShares 2x Long DELL Daily ETF has a fifty-two week low of $7.71 and a fifty-two week high of $42.72.

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

A hedge fund recently raised its stake in GraniteShares 2x Long DELL Daily ETF stock. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) by 107.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 53,037 shares of the company’s stock after buying an additional 27,417 shares during the period. Optiver Holding B.V. owned 10.82% of GraniteShares 2x Long DELL Daily ETF worth $1,653,000 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.