Short Interest in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Expands By 50.2%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLGet Free Report) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 248,834 shares, a growth of 50.2% from the July 30th total of 165,667 shares. Currently, 6.7% of the shares of the company are sold short. Based on an average trading volume of 404,908 shares, the short-interest ratio is currently 0.6 days.

GraniteShares 2x Long QCOM Daily ETF Stock Down 6.9%

GraniteShares 2x Long QCOM Daily ETF stock traded down $1.11 during trading hours on Tuesday, hitting $14.90. 297,937 shares of the stock traded hands, compared to its average volume of 946,385. The firm’s 50 day moving average price is $16.78 and its 200-day moving average price is $18.55. GraniteShares 2x Long QCOM Daily ETF has a 1 year low of $10.46 and a 1 year high of $41.90.

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

An institutional investor recently bought a new stake in GraniteShares 2x Long QCOM Daily ETF stock. Simplex Trading LLC acquired a new stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLFree Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,447 shares of the company’s stock, valued at approximately $31,000. Simplex Trading LLC owned 0.16% of GraniteShares 2x Long QCOM Daily ETF at the end of the most recent quarter.

GraniteShares 2x Long QCOM Daily ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for GraniteShares 2x Long QCOM Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long QCOM Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.