GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s share price traded up 18.4% during mid-day trading on Thursday . The company traded as high as $54.48 and last traded at $53.03. 3,337,702 shares changed hands during mid-day trading, an increase of 138% from the average session volume of 1,402,234 shares. The stock had previously closed at $44.79.
GraniteShares 2x Long COIN Daily ETF Stock Down 5.1 %
The firm’s fifty day moving average price is $61.32 and its 200 day moving average price is $35.86.
GraniteShares 2x Long COIN Daily ETF Dividend Announcement
The company also recently declared a monthly dividend, which was paid on Thursday, February 29th. Shareholders of record on Wednesday, February 28th were paid a dividend of $0.1086 per share. This represents a $1.30 dividend on an annualized basis and a yield of 2.59%. The ex-dividend date of this dividend was Tuesday, February 27th.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
About GraniteShares 2x Long COIN Daily ETF
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
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