GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Short Interest Update

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 333,281 shares, a drop of 50.5% from the August 31st total of 673,230 shares. Approximately 12.8% of the shares of the company are sold short. Based on an average trading volume of 572,139 shares, the days-to-cover ratio is presently 0.6 days.

GraniteShares 2x Long SMCI Daily ETF Stock Up 0.1%

NASDAQ:SMCL opened at $19.21 on Thursday. The company has a 50 day simple moving average of $16.06 and a two-hundred day simple moving average of $17.15. GraniteShares 2x Long SMCI Daily ETF has a 12 month low of $7.52 and a 12 month high of $143.67.

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

An institutional investor recently bought a new position in GraniteShares 2x Long SMCI Daily ETF stock. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 92,856 shares of the company’s stock, valued at approximately $160,000. IMC Chicago LLC owned 15.48% of GraniteShares 2x Long SMCI Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long SMCI Daily ETF Company Profile

The GraniteShares 2x Long SMCI Daily ETF (SMCL) 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 Super Micro Computer Inc (ticker: SMCI) stock. SMCL was launched on Dec 12, 2024 and is issued by GraniteShares.