GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Stock Price Down 10.2% – Should You Sell?

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL)’s stock price fell 10.2% during mid-day trading on Thursday . The company traded as low as $19.78 and last traded at $19.78. 949,644 shares traded hands during trading, a decline of 39% from the average daily volume of 1,568,113 shares. The stock had previously closed at $22.03.

GraniteShares 2x Long DELL Daily ETF Price Performance

The firm’s fifty day moving average is $19.63 and its 200-day moving average is $9.48.

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

A hedge fund recently bought a new position in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management purchased a new stake in GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,500 shares of the company’s stock, valued at approximately $53,000. Hollencrest Capital Management owned 0.33% of GraniteShares 2x Long DELL Daily ETF as of its most recent filing with the SEC.

About GraniteShares 2x Long DELL Daily ETF

The GraniteShares 2x Long DELL Daily ETF (DLLL) 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 Dell Technologies Inc stock DLLL was launched on Feb 13, 2025 and is issued by GraniteShares.