GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Short Interest Update

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 333,281 shares, a drop of 50.5% from the August 31st total of 673,230 shares. Based on an average trading volume of 572,139 shares, the days-to-cover ratio is currently 0.6 days. Approximately 12.8% of the shares of the stock are short sold.

GraniteShares 2x Long SMCI Daily ETF Trading Down 1.3%

SMCL stock traded down $0.25 during midday trading on Tuesday, reaching $19.65. 319,883 shares of the stock were exchanged, compared to its average volume of 1,337,357. GraniteShares 2x Long SMCI Daily ETF has a 52 week low of $7.52 and a 52 week high of $143.67. The company has a fifty day moving average price of $15.72 and a 200 day moving average price of $17.30.

Institutional Trading of GraniteShares 2x Long SMCI Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Long SMCI Daily ETF stock. Optiver Holding B.V. boosted its holdings in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) by 988.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 308,923 shares of the company’s stock after buying an additional 280,543 shares during the quarter. Optiver Holding B.V. owned approximately 51.49% of GraniteShares 2x Long SMCI Daily ETF worth $531,000 at the end of the most recent reporting period.

About GraniteShares 2x Long SMCI Daily ETF

The GraniteShares 2x Long SMCI Daily ETF (SMCL) 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 Super Micro Computer Inc (ticker: SMCI) stock. SMCL was launched on Dec 12, 2024 and is issued by GraniteShares.