GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Sees Significant Drop in Short Interest

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

GraniteShares 2x Long DELL Daily ETF Trading Up 5.9%

NASDAQ DLLL traded up $1.19 during trading hours on Thursday, reaching $21.51. The company had a trading volume of 40,584 shares, compared to its average volume of 81,128. The stock has a 50-day moving average of $24.88 and a 200 day moving average of $27.87. GraniteShares 2x Long DELL Daily ETF has a 1-year low of $7.71 and a 1-year high of $42.72.

Institutional Trading of GraniteShares 2x Long DELL Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long DELL Daily ETF stock. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) by 107.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,037 shares of the company’s stock after purchasing an additional 27,417 shares during the period. Optiver Holding B.V. owned approximately 10.82% of GraniteShares 2x Long DELL Daily ETF worth $1,653,000 as of its most recent SEC filing.

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.