GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Short Interest Update

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 339,637 shares, a growth of 612.1% from the May 14th total of 47,693 shares. Approximately 73.8% of the shares of the stock are short sold. Based on an average daily volume of 628,816 shares, the days-to-cover ratio is currently 0.5 days.

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

A hedge fund recently bought a new stake in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management acquired a new position in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,500 shares of the company’s stock, valued at approximately $53,000. Hollencrest Capital Management owned approximately 0.33% of GraniteShares 2x Long DELL Daily ETF as of its most recent filing with the Securities & Exchange Commission.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of NASDAQ DLLL traded up $6.01 during midday trading on Friday, hitting $173.68. The stock had a trading volume of 182,154 shares, compared to its average volume of 188,073. The stock has a 50 day simple moving average of $89.11 and a 200-day simple moving average of $47.52. GraniteShares 2x Long DELL Daily ETF has a 1 year low of $17.34 and a 1 year high of $244.99.

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.