GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Stock Price Down 10.2% – Should You Sell?

Shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) traded down 10.2% on Thursday . The stock traded as low as $19.78 and last traded at $19.78. Approximately 949,644 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 1,568,113 shares. The stock had previously closed at $22.03.

GraniteShares 2x Long DELL Daily ETF Trading Up 2.6%

The firm has a fifty day simple moving average of $19.83 and a 200-day simple moving average of $9.55.

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

GraniteShares 2x Long DELL Daily ETF Company Profile

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.