Short Interest in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Grows By 1,645.2%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 137,191 shares, a growth of 1,645.2% from the May 14th total of 7,861 shares. Based on an average daily volume of 2,372,112 shares, the short-interest ratio is presently 0.1 days. Currently, 6.9% of the shares of the stock are sold short.

GraniteShares 2x Long QCOM Daily ETF Stock Down 13.8%

NASDAQ QCML opened at $21.96 on Thursday. The stock’s 50 day moving average is $22.49 and its two-hundred day moving average is $19.26. GraniteShares 2x Long QCOM Daily ETF has a 1-year low of $10.46 and a 1-year high of $41.90.

Institutional Trading of GraniteShares 2x Long QCOM Daily ETF

An institutional investor recently raised its position 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) by 30.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 59,456 shares of the company’s stock after acquiring an additional 13,942 shares during the quarter. Optiver Holding B.V. owned approximately 2.97% of GraniteShares 2x Long QCOM Daily ETF worth $692,000 as of its most recent filing with the SEC.

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.