Short Interest in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Rises By 88.5%

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 32,677 shares, an increase of 88.5% from the March 31st total of 17,335 shares. Approximately 3.7% of the company’s stock are sold short. Based on an average trading volume of 45,325 shares, the short-interest ratio is currently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. increased its position in shares of GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) by 298.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 44,723 shares of the company’s stock after purchasing an additional 33,490 shares during the quarter. Optiver Holding B.V. owned approximately 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 as of its most recent SEC filing.

GraniteShares 2x Long QCOM Daily ETF Price Performance

NASDAQ:QCML opened at $15.36 on Monday. The firm has a 50-day moving average of $12.72 and a 200-day moving average of $17.69. GraniteShares 2x Long QCOM Daily ETF has a one year low of $10.46 and a one year high of $30.56.

About GraniteShares 2x Long QCOM Daily ETF

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.