GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Short Interest Down 47.4% in July

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 185,058 shares, a drop of 47.4% from the July 15th total of 351,937 shares. Currently, 3.8% of the company’s shares are short sold. Based on an average daily volume of 1,056,535 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long DELL Daily ETF Price Performance

NASDAQ DLLL traded down $0.43 on Friday, hitting $29.30. 643,456 shares of the company were exchanged, compared to its average volume of 1,528,302. GraniteShares 2x Long DELL Daily ETF has a twelve month low of $2.17 and a twelve month high of $32.11. The company’s 50 day moving average price is $23.24 and its 200-day moving average price is $12.53.

Institutional Investors Weigh In On 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 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 filing with the Securities and Exchange Commission.

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.