GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Short Interest Up 188.5% in June

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCLGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 153,202 shares, an increase of 188.5% from the May 31st total of 53,105 shares. Currently, 25.5% of the shares of the company are short sold. Based on an average daily volume of 287,905 shares, the days-to-cover ratio is currently 0.5 days.

GraniteShares 2x Long SMCI Daily ETF Trading Down 3.3%

Shares of GraniteShares 2x Long SMCI Daily ETF stock traded down $0.45 during trading on Monday, hitting $13.02. 378,698 shares of the company’s stock traded hands, compared to its average volume of 1,593,438. GraniteShares 2x Long SMCI Daily ETF has a 1 year low of $8.60 and a 1 year high of $187.00. The business has a 50-day simple moving average of $63.80 and a 200-day simple moving average of $77.36.

Institutional Trading of GraniteShares 2x Long SMCI Daily ETF

A number of large investors have recently made changes to their positions in the stock. StoneX Group Inc. purchased a new position in shares of GraniteShares 2x Long SMCI Daily ETF during the fourth quarter valued at approximately $118,000. SBI Securities Co. Ltd. boosted its holdings in GraniteShares 2x Long SMCI Daily ETF by 262.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 49,880 shares of the company’s stock worth $225,000 after purchasing an additional 36,107 shares during the last quarter. IMC Chicago LLC purchased a new stake in GraniteShares 2x Long SMCI Daily ETF in the first quarter worth approximately $160,000. Finally, Optiver Holding B.V. grew its position in GraniteShares 2x Long SMCI Daily ETF by 988.5% in the 1st quarter. Optiver Holding B.V. now owns 308,923 shares of the company’s stock worth $531,000 after purchasing an additional 280,543 shares during the period.

GraniteShares 2x Long SMCI Daily ETF Company Profile

(Get Free Report)

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.

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