GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Short Interest Up 231.1% in August

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 612,770 shares, a growth of 231.1% from the July 30th total of 185,058 shares. Based on an average daily trading volume, of 1,408,969 shares, the days-to-cover ratio is currently 0.4 days. Approximately 12.4% of the company’s stock are short sold.

Institutional Inflows and Outflows

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

GraniteShares 2x Long DELL Daily ETF Price Performance

DLLL traded up $0.43 during trading on Thursday, reaching $26.30. 970,712 shares of the stock were exchanged, compared to its average volume of 1,493,314. GraniteShares 2x Long DELL Daily ETF has a twelve month low of $2.17 and a twelve month high of $32.11. The stock’s 50 day moving average price is $23.75 and its two-hundred day moving average price is $13.85.

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.