GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Short Interest Up 439.4% in March

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 26,170 shares, an increase of 439.4% from the February 26th total of 4,852 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average daily trading volume, of 51,709 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily trading volume, of 51,709 shares, the days-to-cover ratio is currently 0.5 days. Approximately 2.9% of the company’s shares are sold short.

GraniteShares 2x Long QCOM Daily ETF Trading Up 0.2%

Shares of QCML traded up $0.02 during mid-day trading on Tuesday, reaching $11.67. 48,850 shares of the company’s stock traded hands, compared to its average volume of 82,429. The stock’s 50-day moving average is $14.62 and its two-hundred day moving average is $19.14. GraniteShares 2x Long QCOM Daily ETF has a 12 month low of $11.45 and a 12 month high of $30.56.

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

An institutional investor recently bought a new position in GraniteShares 2x Long QCOM Daily ETF stock. Simplex Trading LLC bought a new position in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 1,447 shares of the company’s stock, valued at approximately $31,000. Simplex Trading LLC owned approximately 0.16% of GraniteShares 2x Long QCOM Daily ETF as of its most recent SEC filing.

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.