GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Shares Up 3.7% – Still a Buy?

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCLGet Free Report)’s share price were up 3.7% during trading on Monday . The company traded as high as $4.80 and last traded at $4.43. Approximately 6,731,214 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 7,037,152 shares. The stock had previously closed at $4.27.

GraniteShares 2x Long SMCI Daily ETF Price Performance

The business’s 50-day moving average price is $5.24 and its 200-day moving average price is $11.32.

GraniteShares 2x Long SMCI Daily ETF Company Profile

(Get Free Report)

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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