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

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) gapped up before the market opened on Wednesday . The stock had previously closed at $262.61, but opened at $307.49. GraniteShares 2x Long INTC Daily ETF shares last traded at $294.75, with a volume of 810,177 shares.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The firm’s fifty day moving average price is $186.28 and its 200 day moving average price is $101.31.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Several large investors have recently added to or reduced their stakes in the business. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $787,000. Jane Street Group LLC grew its stake in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% in the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after acquiring an additional 7,833 shares during the last quarter. Susquehanna International Group LLP increased its holdings in shares of 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 worth $5,693,000 after purchasing an additional 131,623 shares during the period. Scientech Research LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the third quarter worth about $521,000. Finally, Optiver Holding B.V. acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth approximately $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.