Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $13.41, but opened at $14.18. GraniteShares 2x Long AMD Daily ETF shares last traded at $14.2330, with a volume of 1,910,018 shares traded.
GraniteShares 2x Long AMD Daily ETF Trading Up 7.8%
The company has a fifty day simple moving average of $19.01 and a two-hundred day simple moving average of $13.16.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
Large investors have recently bought and sold shares of the business. UBS Group AG grew its holdings in GraniteShares 2x Long AMD Daily ETF by 57.0% during the 3rd quarter. UBS Group AG now owns 1,012,903 shares of the company’s stock worth $10,463,000 after acquiring an additional 367,782 shares during the period. Group One Trading LLC boosted its position in shares of GraniteShares 2x Long AMD Daily ETF by 261.5% in the 2nd quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock worth $6,328,000 after purchasing an additional 537,911 shares during the last quarter. Simplex Trading LLC grew its stake in shares of GraniteShares 2x Long AMD Daily ETF by 204.2% during the second quarter. Simplex Trading LLC now owns 421,723 shares of the company’s stock worth $3,588,000 after purchasing an additional 283,100 shares during the period. GatePass Capital LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $426,000. Finally, NewEdge Advisors LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $359,000.
About GraniteShares 2x Long AMD Daily ETF
The GraniteShares 2x Long AMD Daily ETF (AMDL) 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 Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.
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