GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Short Interest Down 70.9% in December

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,792 shares, a decline of 70.9% from the November 30th total of 6,150 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 89,069 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 89,069 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

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

An institutional investor recently raised its position in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. raised its stake in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,723 shares of the company’s stock after buying an additional 33,490 shares during the quarter. Optiver Holding B.V. owned approximately 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 at the end of the most recent quarter.

GraniteShares 2x Long QCOM Daily ETF Trading Up 0.2%

QCML stock opened at $22.27 on Thursday. GraniteShares 2x Long QCOM Daily ETF has a 12 month low of $12.18 and a 12 month high of $30.56. The firm has a 50-day moving average of $21.91 and a two-hundred day moving average of $20.36.

GraniteShares 2x Long QCOM Daily ETF Company Profile

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.