Short Interest in GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) Grows By 175.9%

GraniteShares 2x Long SMCI Daily ETF (NASDAQ:SMCL) was the target of a large growth in short interest in 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 company’s stock are short sold. Based on an average daily volume of 1,015,207 shares, the short-interest ratio is currently 0.4 days.

GraniteShares 2x Long SMCI Daily ETF Stock Performance

NASDAQ:SMCL opened at $10.69 on Tuesday. The firm has a 50-day simple moving average of $20.21 and a 200-day simple moving average of $23.85. GraniteShares 2x Long SMCI Daily ETF has a one year low of $8.60 and a one year high of $187.00.

Institutional Trading of GraniteShares 2x Long SMCI Daily ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SMCL. StoneX Group Inc. purchased a new position in shares of GraniteShares 2x Long SMCI Daily ETF in the 4th quarter valued at $118,000. SBI Securities Co. Ltd. raised its position in shares of GraniteShares 2x Long SMCI Daily ETF by 262.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 49,880 shares of the company’s stock worth $225,000 after acquiring an additional 36,107 shares in the last quarter. IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Long SMCI Daily ETF during the 1st quarter worth $160,000. Finally, Optiver Holding B.V. lifted its stake in shares of GraniteShares 2x Long SMCI Daily ETF by 988.5% during the 1st quarter. Optiver Holding B.V. now owns 308,923 shares of the company’s stock worth $531,000 after purchasing an additional 280,543 shares during the last quarter.

GraniteShares 2x Long SMCI Daily ETF Company Profile

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.