GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Sees Large Decrease in Short Interest

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 26,019 shares, a decline of 92.3% from the May 31st total of 339,637 shares. Currently, 5.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 483,490 shares, the short-interest ratio is presently 0.1 days.

GraniteShares 2x Long DELL Daily ETF Trading Down 7.5%

NASDAQ:DLLL traded down $1.70 during trading hours on Friday, reaching $20.89. 611,738 shares of the company were exchanged, compared to its average volume of 1,531,897. The business has a 50 day moving average of $117.57 and a 200 day moving average of $58.49. GraniteShares 2x Long DELL Daily ETF has a 1-year low of $2.17 and a 1-year high of $30.62.

Institutional Trading of GraniteShares 2x Long DELL Daily ETF

An institutional investor 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) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 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 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.