GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 2,017,949 shares, a decrease of 52.5% from the June 15th total of 4,244,308 shares. Approximately 10.5% of the company’s shares are short sold. Based on an average daily volume of 3,952,887 shares, the short-interest ratio is currently 0.5 days.
GraniteShares 2x Long AMD Daily ETF Stock Down 6.7%
GraniteShares 2x Long AMD Daily ETF stock opened at $66.70 on Thursday. GraniteShares 2x Long AMD Daily ETF has a 12-month low of $8.88 and a 12-month high of $83.79. The firm’s 50-day moving average is $64.02 and its two-hundred day moving average is $33.56.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
A number of hedge funds have recently bought and sold shares of AMDL. StoneX Group Inc. purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth $170,000. NewEdge Advisors LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the 2nd quarter valued at about $359,000. HUB Investment Partners LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at about $108,000. Group One Trading LLC lifted its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 261.5% during the 2nd quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock worth $6,328,000 after acquiring an additional 537,911 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in GraniteShares 2x Long AMD Daily ETF by 36.6% in the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after purchasing an additional 1,645 shares during the period.
About GraniteShares 2x Long AMD Daily ETF
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.
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