GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCML) Trading Up 7.2% – Here’s What Happened

GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLGet Free Report) shares shot up 7.2% on Wednesday . The company traded as high as $24.57 and last traded at $24.31. 209,851 shares changed hands during mid-day trading, an increase of 142% from the average session volume of 86,863 shares. The stock had previously closed at $22.67.

GraniteShares 2x Long QCOM Daily ETF Price Performance

The stock’s fifty day moving average price is $21.49 and its two-hundred day moving average price is $19.97.

Institutional Trading of GraniteShares 2x Long QCOM Daily ETF

An institutional investor recently raised its position in GraniteShares 2x Long QCOM Daily ETF stock. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long QCOM Daily ETF (NASDAQ:QCMLFree Report) by 298.1% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 44,723 shares of the company’s stock after acquiring an additional 33,490 shares during the quarter. Optiver Holding B.V. owned about 4.30% of GraniteShares 2x Long QCOM Daily ETF worth $944,000 at the end of the most recent reporting period.

GraniteShares 2x Long QCOM Daily ETF Company Profile

(Get Free Report)

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.

Further Reading

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