Short Interest in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Increases By 646.0%

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 351,937 shares, a growth of 646.0% from the June 30th total of 47,175 shares. Based on an average daily volume of 2,003,008 shares, the days-to-cover ratio is presently 0.2 days. Currently, 6.4% of the company’s stock are sold short.

GraniteShares 2x Long DELL Daily ETF Stock Down 1.2%

Shares of DLLL opened at $24.43 on Friday. The business’s 50 day moving average is $21.20 and its two-hundred day moving average is $10.25. GraniteShares 2x Long DELL Daily ETF has a 52-week low of $2.17 and a 52-week high of $30.62.

Institutional Trading of GraniteShares 2x Long DELL Daily ETF

A hedge fund recently bought a new position in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management purchased a new position in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 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 at the end of the most recent quarter.

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.