GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) Trading Up 8.5% – Time to Buy?

GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) shot up 8.5% during trading on Thursday . The stock traded as high as $40.12 and last traded at $39.38. Approximately 1,876,053 shares traded hands during trading, an increase of 15% from the average daily volume of 1,629,232 shares. The stock had previously closed at $36.28.

GraniteShares 2x Long DELL Daily ETF Trading Down 6.7%

The business has a 50-day moving average price of $26.45 and a two-hundred day moving average price of $17.19.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in GraniteShares 2x Long DELL Daily ETF stock. Hollencrest Capital Management acquired a new stake in shares of GraniteShares 2x Long DELL Daily ETF (NASDAQ:DLLL) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 1,500 shares of the company’s stock, valued at approximately $53,000. Hollencrest Capital Management owned about 0.33% of GraniteShares 2x Long DELL Daily ETF at the end of the most recent reporting period.

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.