GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) Shares Climb 19.3% – Here’s What Happened

Shares of GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) rose 19.3% during trading on Monday. The stock traded as high as $14.20 and last traded at $13.94. 310,369 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 261,251 shares. The stock had previously closed at $11.68.

GraniteShares 2x Long VRT Daily ETF Stock Performance

The stock’s 50 day moving average is $21.36 and its two-hundred day moving average is $35.79.

Institutional Investors Weigh In On GraniteShares 2x Long VRT Daily ETF

A hedge fund recently raised its position in GraniteShares 2x Long VRT Daily ETF stock. Optiver Holding B.V. lifted its holdings in shares of GraniteShares 2x Long VRT Daily ETF (NASDAQ:VRTL) by 103.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,116 shares of the company’s stock after buying an additional 4,640 shares during the period. Optiver Holding B.V. owned approximately 2.40% of GraniteShares 2x Long VRT Daily ETF worth $924,000 at the end of the most recent quarter.

GraniteShares 2x Long VRT Daily ETF Company Profile

GraniteShares ETF Trust – GraniteShares 2x Long VRT Daily ETF is an exchange traded fund launched and managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across industrials, capital goods, machinery, industrial machinery and supplies and components sectors. It uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.