GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Up – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $362.95, but opened at $406.15. GraniteShares 2x Long INTC Daily ETF shares last traded at $363.20, with a volume of 208,366 shares changing hands.

GraniteShares 2x Long INTC Daily ETF Trading Down 3.2%

The stock’s 50-day moving average is $269.76 and its 200-day moving average is $133.28.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter valued at $787,000. Jane Street Group LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth about $289,000. Susquehanna International Group LLP boosted its stake in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares in the last quarter. Scientech Research LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the third quarter valued at about $521,000. Finally, Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter worth about $267,000.

GraniteShares 2x Long INTC Daily ETF Company Profile

The GraniteShares 2x Long INTC Daily ETF (INTW) 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 Intel Corporation (INTC) stock. INTW was launched on Feb 13, 2025 and is issued by GraniteShares.