GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $5.67, but opened at $5.33. GraniteShares 2x Long COIN Daily ETF shares last traded at $5.2450, with a volume of 6,193,804 shares.
GraniteShares 2x Long COIN Daily ETF Trading Down 6.6%
The stock has a 50-day moving average of $5.35 and a 200 day moving average of $6.23.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
Hedge funds have recently added to or reduced their stakes in the stock. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 1st quarter worth $814,000. Optiver Holding B.V. raised its stake in GraniteShares 2x Long COIN Daily ETF by 232.2% in the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock valued at $906,000 after acquiring an additional 90,448 shares during the period. Flagstar Advisors Inc. bought a new stake in GraniteShares 2x Long COIN Daily ETF in the 1st quarter valued at about $189,000. Group One Trading LLC lifted its holdings in GraniteShares 2x Long COIN Daily ETF by 431.4% during the first quarter. Group One Trading LLC now owns 28,288 shares of the company’s stock valued at $198,000 after purchasing an additional 22,965 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in GraniteShares 2x Long COIN Daily ETF by 58.0% during the first quarter. NewEdge Advisors LLC now owns 16,075 shares of the company’s stock valued at $113,000 after purchasing an additional 5,900 shares during the last quarter.
GraniteShares 2x Long COIN Daily ETF Company Profile
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
Recommended Stories
- Five stocks we like better than GraniteShares 2x Long COIN Daily ETF
- DraftKings Stacks the Deck: The $800M Prediction Pivot
- Wall Street Is Betting These 3 Beaten-Down Stocks Have More Room to Run
- Marvell Technology’s $90 Billion Revenue Goal Puts AI Execution Under a Microscope
- Meta Enterprise Platform: The “Next Major Pillar” of Zuckerberg’s AI Vision
Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
