GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Shares Up 3.7% – Here’s Why

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL)’s stock price rose 3.7% during trading on Tuesday. The stock traded as high as $23.84 and last traded at $23.29. 1,140,251 shares traded hands during trading, a decline of 30% from the average session volume of 1,625,748 shares. The stock had previously closed at $22.46.

GraniteShares 2x Long DELL Daily ETF Trading Down 13.4%

The firm’s fifty day moving average is $30.54 and its 200 day moving average is $21.98.

Institutional Inflows and Outflows

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

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.