GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Short Interest Up 70.4% in August

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,447,368 shares, an increase of 70.4% from the July 30th total of 2,610,231 shares. Based on an average daily trading volume, of 4,185,293 shares, the short-interest ratio is currently 1.1 days. Approximately 31.2% of the company’s shares are short sold.

GraniteShares 2x Long INTC Daily ETF Stock Down 1.2%

Shares of NASDAQ:INTW opened at $18.14 on Wednesday. GraniteShares 2x Long INTC Daily ETF has a 12 month low of $2.58 and a 12 month high of $52.63. The company has a 50-day moving average price of $26.38 and a 200-day moving average price of $23.17.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of INTW. Susquehanna International Group LLP increased its stake in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd 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. Jane Street Group LLC lifted its position in GraniteShares 2x Long INTC Daily ETF by 62.8% during the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock valued at $401,000 after purchasing an additional 7,833 shares in the last quarter. Group One Trading LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth approximately $787,000. Scientech Research LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the third quarter worth $521,000. Finally, Optiver Holding B.V. bought a new position in GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth $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.