GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Get Free Report) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 5,741 shares, a decrease of 22.1% from the January 29th total of 7,365 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily volume of 129,943 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 129,943 shares, the short-interest ratio is presently 0.0 days. Currently, 0.6% of the shares of the stock are sold short.
Hedge Funds Weigh In On GraniteShares 2x Long QCOM Daily ETF
A hedge fund recently bought a new stake in GraniteShares 2x Long QCOM Daily ETF stock. Simplex Trading LLC purchased a new stake in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 1,447 shares of the company’s stock, valued at approximately $31,000. Simplex Trading LLC owned about 0.16% of GraniteShares 2x Long QCOM Daily ETF as of its most recent filing with the Securities & Exchange Commission.
GraniteShares 2x Long QCOM Daily ETF Stock Performance
Shares of NASDAQ QCML traded up $0.21 during midday trading on Wednesday, reaching $13.61. 20,694 shares of the company were exchanged, compared to its average volume of 89,003. The stock’s 50-day moving average price is $17.53 and its 200-day moving average price is $19.85. GraniteShares 2x Long QCOM Daily ETF has a one year low of $12.18 and a one year high of $30.56.
GraniteShares 2x Long QCOM Daily ETF Company Profile
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.
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