GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Shares Up 8% – What’s Next?

Posted by Alanna Baker on May 4th, 2026

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL – Get Free Report) shares shot up 8% during mid-day trading on Monday . The company traded as high as $49.86 and last traded at $49.30. 107,932 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 660,666 shares. The stock had previously closed at $45.63.

GraniteShares 2x Long SMCI Daily ETF Price Performance

The business has a 50-day moving average of $3.08 and a 200-day moving average of $5.82.

Institutional Trading of GraniteShares 2x Long SMCI Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long SMCI Daily ETF stock. SBI Securities Co. Ltd. increased its stake in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL – Free Report) by 262.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 49,880 shares of the company’s stock after buying an additional 36,107 shares during the quarter. SBI Securities Co. Ltd. owned about 0.51% of GraniteShares 2x Long SMCI Daily ETF worth $225,000 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.