GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Short Interest Update

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 506,947 shares, an increase of 182.5% from the August 31st total of 179,473 shares. Approximately 14.8% of the company’s shares are short sold. Based on an average daily volume of 739,971 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On GraniteShares 2x Long QCOM Daily ETF

A hedge fund recently raised its position 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 30.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,456 shares of the company’s stock after acquiring an additional 13,942 shares during the quarter. Optiver Holding B.V. owned 2.97% of GraniteShares 2x Long QCOM Daily ETF worth $692,000 as of its most recent SEC filing.

GraniteShares 2x Long QCOM Daily ETF Price Performance

QCML stock traded down $2.74 during mid-day trading on Monday, reaching $19.31. The company had a trading volume of 530,613 shares, compared to its average volume of 927,049. The firm has a 50 day moving average of $16.16 and a 200 day moving average of $19.12. GraniteShares 2x Long QCOM Daily ETF has a 12 month low of $10.46 and a 12 month high of $41.90.

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.