Short Interest in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Drops By 36.0%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLGet Free Report) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 1,146 shares, a decline of 36.0% from the December 15th total of 1,792 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 28,460 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 28,460 shares, the short-interest ratio is currently 0.0 days. Currently, 0.2% of the shares of the stock are sold short.

GraniteShares 2x Long QCOM Daily ETF Trading Down 2.2%

Shares of QCML stock traded down $0.41 during mid-day trading on Friday, reaching $18.38. The stock had a trading volume of 102,191 shares, compared to its average volume of 105,682. GraniteShares 2x Long QCOM Daily ETF has a 12-month low of $12.18 and a 12-month high of $30.56. The business has a 50-day simple moving average of $21.60 and a 200 day simple moving average of $20.63.

Hedge Funds Weigh In On GraniteShares 2x Long QCOM Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. boosted its holdings in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLFree Report) by 298.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 44,723 shares of the company’s stock after buying an additional 33,490 shares during the period. Optiver Holding B.V. owned 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 at the end of the most recent reporting period.

GraniteShares 2x Long QCOM Daily ETF Company Profile

(Get Free Report)

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.

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