GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 333,281 shares, a drop of 50.5% from the August 31st total of 673,230 shares. Approximately 12.8% of the company’s shares are sold short. Based on an average trading volume of 572,139 shares, the short-interest ratio is currently 0.6 days.
GraniteShares 2x Long SMCI Daily ETF Price Performance
Shares of NASDAQ:SMCL traded down $0.25 during mid-day trading on Tuesday, reaching $19.65. 319,883 shares of the company’s stock were exchanged, compared to its average volume of 1,337,357. GraniteShares 2x Long SMCI Daily ETF has a twelve month low of $7.52 and a twelve month high of $143.67. The business’s fifty day moving average price is $15.72 and its 200-day moving average price is $17.30.
Institutional Investors Weigh In On GraniteShares 2x Long SMCI Daily ETF
An institutional investor recently raised its stake in GraniteShares 2x Long SMCI Daily ETF stock. Optiver Holding B.V. grew its stake in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL – Free Report) by 988.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 308,923 shares of the company’s stock after buying an additional 280,543 shares during the period. Optiver Holding B.V. owned 51.49% of GraniteShares 2x Long SMCI Daily ETF worth $531,000 as of its most recent filing with the Securities and Exchange Commission.
GraniteShares 2x Long SMCI Daily ETF Company Profile
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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