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

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) 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 traded.

GraniteShares 2x Long INTC Daily ETF Trading Down 7.9%

The stock’s fifty day moving average is $273.77 and its two-hundred day moving average is $134.86.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Large investors have recently modified their holdings of the business. Optiver Holding B.V. purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter worth about $267,000. Group One Trading LLC acquired a new stake in GraniteShares 2x Long INTC Daily ETF during the 1st quarter valued at approximately $787,000. Susquehanna International Group LLP grew 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. Scientech Research LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth approximately $521,000. Finally, Jane Street Group LLC increased its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% during the 2nd quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after purchasing an additional 7,833 shares during the last quarter.

About GraniteShares 2x Long INTC Daily ETF

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.