GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Stock Short Interest Falls 52.4%

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 385,367 shares, a drop of 52.4% from the August 31st total of 810,026 shares. Based on an average daily volume of 3,696,854 shares, the days-to-cover ratio is presently 0.1 days. Currently, 6.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,500 shares of the company’s stock, valued at approximately $53,000. Hollencrest Capital Management owned 0.33% of GraniteShares 2x Long DELL Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long DELL Daily ETF Price Performance

NASDAQ DLLL traded down $0.47 on Tuesday, hitting $32.74. 966,304 shares of the company traded hands, compared to its average volume of 1,648,856. The business’s 50 day moving average price is $27.95 and its 200-day moving average price is $18.59. GraniteShares 2x Long DELL Daily ETF has a 52-week low of $2.17 and a 52-week high of $40.21.

About GraniteShares 2x Long DELL Daily ETF

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.