Short Interest in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Increases By 231.1%

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 612,770 shares, a growth of 231.1% from the July 30th total of 185,058 shares. Based on an average daily trading volume, of 1,408,969 shares, the short-interest ratio is presently 0.4 days. Approximately 12.4% of the shares of the company are short sold.

Institutional Trading of GraniteShares 2x Long DELL Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management bought a new position in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 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 as of its most recent SEC filing.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of DLLL stock opened at $25.03 on Friday. The company has a 50 day moving average of $23.88 and a 200-day moving average of $14.09. GraniteShares 2x Long DELL Daily ETF has a 12-month low of $2.17 and a 12-month high of $32.11.

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.