Short Interest in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Drops By 41.8%

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the recipient of a large decrease in short interest in February. As of February 13th, there was short interest totaling 29,953 shares, a decrease of 41.8% from the January 29th total of 51,509 shares. Currently, 4.4% of the company’s shares are sold short. Based on an average daily trading volume, of 71,756 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 71,756 shares, the short-interest ratio is presently 0.4 days. Currently, 4.4% of the company’s shares are sold short.

GraniteShares 2x Long DELL Daily ETF Stock Performance

Shares of NASDAQ:DLLL traded up $8.93 during mid-day trading on Friday, hitting $29.41. The company had a trading volume of 561,529 shares, compared to its average volume of 88,946. GraniteShares 2x Long DELL Daily ETF has a one year low of $7.71 and a one year high of $42.72. The firm has a fifty day moving average price of $21.00 and a 200 day moving average price of $26.41.

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

An institutional investor recently raised its position in GraniteShares 2x Long DELL Daily ETF stock. Optiver Holding B.V. lifted its stake in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) by 107.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,037 shares of the company’s stock after purchasing an additional 27,417 shares during the quarter. Optiver Holding B.V. owned about 10.82% of GraniteShares 2x Long DELL Daily ETF worth $1,653,000 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.