GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Stock Short Interest Climbs 182.5%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 506,947 shares, a growth of 182.5% from the August 31st total of 179,473 shares. Based on an average trading volume of 739,971 shares, the days-to-cover ratio is presently 0.7 days. Currently, 14.8% of the company’s shares are short sold.

Institutional Investors Weigh In On 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. grew its holdings in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 30.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 59,456 shares of the company’s stock after buying an additional 13,942 shares during the period. Optiver Holding B.V. owned 2.97% of GraniteShares 2x Long QCOM Daily ETF worth $692,000 as of its most recent SEC filing.

GraniteShares 2x Long QCOM Daily ETF Price Performance

GraniteShares 2x Long QCOM Daily ETF stock traded up $1.54 during trading hours on Friday, reaching $22.05. The company had a trading volume of 692,478 shares, compared to its average volume of 929,250. GraniteShares 2x Long QCOM Daily ETF has a 12-month low of $10.46 and a 12-month high of $41.90. The company has a 50-day moving average price of $16.16 and a 200 day moving average price of $19.08.

About GraniteShares 2x Long QCOM Daily ETF

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.