GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 43,156 shares, an increase of 3,665.8% from the December 31st total of 1,146 shares. Approximately 4.7% of the company’s stock are sold short. Based on an average daily trading volume, of 104,180 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 104,180 shares, the short-interest ratio is presently 0.4 days. Approximately 4.7% of the company’s stock are sold short.
GraniteShares 2x Long QCOM Daily ETF Trading Down 1.6%
NASDAQ QCML traded down $0.27 during trading on Tuesday, reaching $16.86. 55,773 shares of the company’s stock were exchanged, compared to its average volume of 97,135. GraniteShares 2x Long QCOM Daily ETF has a fifty-two week low of $12.18 and a fifty-two week high of $30.56. The company’s fifty day simple moving average is $21.02 and its 200-day simple moving average is $20.51.
Institutional Investors Weigh In On GraniteShares 2x Long QCOM Daily ETF
A hedge fund recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. raised its stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Free Report) by 298.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,723 shares of the company’s stock after buying an additional 33,490 shares during the period. Optiver Holding B.V. owned 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 at the end of the most recent quarter.
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.
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