GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL – Get Free Report) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 422,675 shares, a growth of 175.9% from the June 15th total of 153,202 shares. Approximately 13.3% of the shares of the company are short sold. Based on an average daily volume of 1,015,207 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On GraniteShares 2x Long SMCI Daily ETF
A number of large investors have recently bought and sold shares of SMCL. SBI Securities Co. Ltd. boosted its position in GraniteShares 2x Long SMCI Daily ETF by 262.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 49,880 shares of the company’s stock valued at $225,000 after purchasing an additional 36,107 shares during the period. StoneX Group Inc. acquired a new stake in GraniteShares 2x Long SMCI Daily ETF in the fourth quarter worth $118,000. IMC Chicago LLC bought a new stake in GraniteShares 2x Long SMCI Daily ETF in the first quarter valued at $160,000. Finally, Optiver Holding B.V. lifted its stake in GraniteShares 2x Long SMCI Daily ETF by 988.5% in the first quarter. Optiver Holding B.V. now owns 308,923 shares of the company’s stock valued at $531,000 after buying an additional 280,543 shares during the last quarter.
GraniteShares 2x Long SMCI Daily ETF Stock Down 4.6%
SMCL stock traded down $0.49 during trading on Wednesday, hitting $10.19. 424,775 shares of the company’s stock traded hands, compared to its average volume of 1,516,263. GraniteShares 2x Long SMCI Daily ETF has a 52 week low of $8.60 and a 52 week high of $187.00. The stock has a fifty day moving average price of $20.10 and a two-hundred day moving average price of $23.69.
About GraniteShares 2x Long SMCI Daily ETF
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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