GraniteShares 2x Long DELL Daily ETF Target of Unusually High Options Trading (NASDAQ:DLLL)

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) saw some unusual options trading on Wednesday. Stock investors acquired 12,752 call options on the company. This is 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 DLLL stock traded up $4.11 during mid-day trading on Wednesday, hitting $25.20. 1,507,125 shares of the stock traded hands, compared to its average volume of 1,554,783. The stock’s fifty day moving average is $20.26 and its two-hundred day moving average is $9.84. GraniteShares 2x Long DELL Daily ETF has a 52-week low of $2.17 and a 52-week high of $30.62.

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

An institutional investor recently bought a new position in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management bought a new position in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund bought 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.