Traders Buy Large Volume of Call Options on GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL)

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of unusually large options trading on Wednesday. Stock investors acquired 12,752 call options on the company. This represents an increase of approximately 4,520% compared to the typical daily volume of 276 call options.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of GraniteShares 2x Long DELL Daily ETF stock traded up $4.11 during midday trading on Wednesday, hitting $25.20. The company had a trading volume of 1,507,125 shares, compared to its average volume of 1,554,783. The company has a fifty day simple moving average of $20.26 and a 200 day simple moving average of $9.84. GraniteShares 2x Long DELL Daily ETF has a 12-month low of $2.17 and a 12-month high of $30.62.

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

A hedge fund recently bought a new position in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 at the end of the most recent reporting period.

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.