GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Shares Down 3.5% – Here’s Why

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) shares traded down 3.5% during mid-day trading on Thursday . The company traded as low as $18.71 and last traded at $18.79. 157,065 shares traded hands during mid-day trading, an increase of 48% from the average session volume of 105,919 shares. The stock had previously closed at $19.48.

GraniteShares 2x Long QCOM Daily ETF Stock Performance

The business has a fifty day moving average of $21.60 and a two-hundred day moving average of $20.63.

Institutional Trading of GraniteShares 2x Long QCOM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. raised its stake in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 44,723 shares of the company’s stock after acquiring 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 at the end of the most recent reporting period.

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.