GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Down – What’s Next?

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $16.08, but opened at $14.04. GraniteShares 2x Long AMD Daily ETF shares last traded at $14.7060, with a volume of 20,601,715 shares trading hands.

GraniteShares 2x Long AMD Daily ETF Price Performance

The stock has a 50 day moving average of $17.56 and a 200 day moving average of $11.97.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

Large investors have recently made changes to their positions in the company. Group One Trading LLC raised its position in GraniteShares 2x Long AMD Daily ETF by 261.5% during the second quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock valued at $6,328,000 after purchasing an additional 537,911 shares in the last quarter. UBS Group AG increased its stake in shares of GraniteShares 2x Long AMD Daily ETF by 57.0% in the 3rd quarter. UBS Group AG now owns 1,012,903 shares of the company’s stock valued at $10,463,000 after purchasing an additional 367,782 shares during the last quarter. Simplex Trading LLC increased its stake in shares of GraniteShares 2x Long AMD Daily ETF by 204.2% in the 2nd quarter. Simplex Trading LLC now owns 421,723 shares of the company’s stock valued at $3,588,000 after purchasing an additional 283,100 shares during the last quarter. GatePass Capital LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth $426,000. Finally, NewEdge Advisors LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth $359,000.

About GraniteShares 2x Long AMD Daily ETF

(Get Free Report)

The GraniteShares 2x Long AMD Daily ETF (AMDL) 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 Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.

Further Reading

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