Short Interest in GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Rises By 739.1%

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 484,183 shares, a growth of 739.1% from the June 15th total of 57,705 shares. Approximately 3.0% of the company’s stock are short sold. Based on an average daily volume of 4,985,261 shares, the short-interest ratio is presently 0.1 days.

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

A number of hedge funds have recently added to or reduced their stakes in INTW. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long INTC Daily ETF during the second quarter worth about $42,000. Optiver Holding B.V. acquired a new position in GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth $267,000. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter valued at $289,000. Scientech Research LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the third quarter valued at about $521,000. Finally, Susquehanna International Group LLP lifted its holdings in GraniteShares 2x Long INTC Daily ETF by 924.4% in the third 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.

GraniteShares 2x Long INTC Daily ETF Stock Performance

Shares of INTW opened at $30.37 on Monday. The stock has a 50 day moving average of $38.89 and a 200-day moving average of $19.42. GraniteShares 2x Long INTC Daily ETF has a 52 week low of $1.72 and a 52 week high of $52.63.

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.