GraniteShares 2x Long Qualcomm ETF logo

GraniteShares 2x Long Qualcomm ETF (QCML)

Market Closed
11 Aug, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
14. 71
+0.05
+0.3411%
$
3.76M Market Cap
- Div Yield
231,965 Volume
$ 14.66
Previous Close
Add Transaction
Day Range
14.5 15.07
Year Range
10.46 41.9
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Summary

QCML closed today higher at $14.71, an increase of 0.3411% from yesterday's close, completing a monthly increase of 20.9704% or $2.55. Over the past 12 months, QCML stock lost -32.3678%.
QCML is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on one exchange.

QCML Chart

GraniteShares 2x Long Qualcomm ETF (QCML) FAQ

What is the stock price today?

The current price is $14.71.

On which exchange is it traded?

GraniteShares 2x Long Qualcomm ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is QCML.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 3.76M.

Has GraniteShares 2x Long Qualcomm ETF ever had a stock split?

No, there has never been a stock split.

GraniteShares 2x Long Qualcomm ETF Profile

NASDAQ (NMS) Exchange
US Country

Overview

The Fund is designed to achieve a unique investment strategy aimed at capitalizing on the daily price volatility of Qualcomm Inc.'s common stock (NASDAQ: QCOM). Specifically, it seeks to deliver investment results that are 200% of the daily percentage change in Qualcomm's stock value. This approach appeals to those looking to leverage the short-term movements in Qualcomm’s stock price. However, it is essential to note that there are inherent risks, and the Fund does not guarantee reaching its stated objective. Investors should be aware that the Fund’s performance is not intended to reflect a cumulative return that is double that of Qualcomm's stock over extended periods, as this strategy is concentrated on daily fluctuations. This kind of investment is typically suited for investors who are prepared to closely monitor their investments on a daily basis and understand the potential for significant fluctuations in value, making it an active trading prospect rather than a long-term hold.

Products and Services

  • Leveraged Equity Investment Fund:

    This core product seeks to magnify the returns of Qualcomm Inc.'s common stock by employing financial instruments that aim for 200% of daily return on investment. This fund is suitable for investors looking for high-risk, high-reward opportunities that capitalize on daily market movements. Investors must comprehend the increased volatility and risk associated with leveraged investing.

  • Daily Performance Tracking:

    The Fund offers a robust system for daily performance monitoring, allowing investors to keep a close eye on the price changes of Qualcomm Inc.'s stock. This service includes frequent updates and reports that highlight the stock's daily fluctuation percentages, enabling investors to make informed decisions based on up-to-the-minute information.

  • Investment Strategy Advisory:

    The Fund provides access to experienced financial advisors who specialize in leveraging strategies suitable for volatile stocks like Qualcomm. These advisors can guide investors on best practices for managing their investments and understanding the risks involved, helping them to formulate strategies that align with their risk tolerance and investment goals.

  • Risk Management Tools:

    To assist investors in safeguarding their investments against unforeseen market movements, the Fund provides various risk management resources. These may include options strategies, hedging tools, and market analysis tools designed to minimize potential losses while maximizing short-term investment gains.

  • Educational Resources:

    In addition to its investment products, the Fund offers a range of educational materials aimed at helping investors understand the dynamics of leveraged investments and the technology sector, particularly focusing on Qualcomm Inc. These resources are essential for empowering investors to make informed decisions based on their financial goals.

Contact Information

Address: 205 Hudson Street, 7th Floor
Phone: 1-844-476-8747