GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) shares traded up 20.5% during mid-day trading on Wednesday . The stock traded as high as $24.39 and last traded at $24.2650. 11,888,826 shares traded hands during trading, a decline of 55% from the average session volume of 26,647,391 shares. The stock had previously closed at $20.14.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The company’s 50 day simple moving average is $15.95 and its 200-day simple moving average is $11.05.
Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of large investors have recently added to or reduced their stakes in the stock. GatePass Capital LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at $426,000. Osaic Holdings Inc. grew its holdings in shares of 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 worth $52,000 after acquiring an additional 1,645 shares during the period. Group One Trading LLC increased 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 acquiring an additional 537,911 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at $108,000. Finally, NewEdge Advisors LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $359,000.
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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