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

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the target 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. Based on an average trading volume of 28,460 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 28,460 shares, the days-to-cover ratio is presently 0.0 days.

GraniteShares 2x Long QCOM Daily ETF Price Performance

Shares of NASDAQ:QCML traded down $0.41 on Friday, hitting $18.38. 102,191 shares of the company traded hands, compared to its average volume of 105,682. The stock has a 50 day simple moving average of $21.60 and a 200-day simple moving average of $20.63. GraniteShares 2x Long QCOM Daily ETF has a 52 week low of $12.18 and a 52 week high of $30.56.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. lifted its position in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,723 shares of the company’s stock after buying an additional 33,490 shares during the period. Optiver Holding B.V. owned about 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 as of its most recent SEC filing.

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.