GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Sees Significant Growth in Short Interest

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 100,317 shares, an increase of 207.0% from the April 15th total of 32,677 shares. Currently, 5.0% of the company’s shares are short sold. Based on an average trading volume of 1,183,165 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of GraniteShares 2x Long QCOM Daily ETF

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

GraniteShares 2x Long QCOM Daily ETF Stock Performance

QCML stock traded up $0.23 during midday trading on Friday, hitting $25.94. 1,851,792 shares of the company’s stock were exchanged, compared to its average volume of 646,160. The stock’s fifty day moving average price is $15.48 and its 200-day moving average price is $18.11. GraniteShares 2x Long QCOM Daily ETF has a one year low of $10.46 and a one year high of $40.00.

About GraniteShares 2x Long QCOM Daily ETF

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.