GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Sees Significant Growth in Short Interest

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 339,637 shares, an increase of 612.1% from the May 14th total of 47,693 shares. Based on an average trading volume of 628,816 shares, the days-to-cover ratio is presently 0.5 days. Currently, 73.8% of the company’s stock are short sold.

GraniteShares 2x Long DELL Daily ETF Price Performance

DLLL traded down $4.00 during mid-day trading on Wednesday, reaching $155.22. 176,357 shares of the stock were exchanged, compared to its average volume of 187,938. The company has a 50 day moving average price of $84.17 and a two-hundred day moving average price of $45.59. GraniteShares 2x Long DELL Daily ETF has a 1 year low of $17.34 and a 1 year high of $244.99.

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

A hedge fund recently raised its stake 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% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 53,037 shares of the company’s stock after purchasing an additional 27,417 shares during the period. Optiver Holding B.V. owned 10.82% of GraniteShares 2x Long DELL Daily ETF worth $1,653,000 at the end of the most recent quarter.

GraniteShares 2x Long DELL Daily ETF Company Profile

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.