GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Short Interest Up 257.8% in July

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,610,231 shares, an increase of 257.8% from the July 15th total of 729,533 shares. Approximately 18.3% of the company’s shares are sold short. Based on an average trading volume of 6,529,385 shares, the short-interest ratio is presently 0.4 days.

GraniteShares 2x Long INTC Daily ETF Stock Up 8.2%

NASDAQ:INTW traded up $1.96 during mid-day trading on Thursday, reaching $25.83. 2,211,185 shares of the company’s stock traded hands, compared to its average volume of 6,788,657. The company has a 50 day moving average price of $31.74 and a 200-day moving average price of $21.98. GraniteShares 2x Long INTC Daily ETF has a 12-month low of $2.27 and a 12-month high of $52.63.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Large investors have recently added to or reduced their stakes in the stock. Group One Trading LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter valued at $42,000. Optiver Holding B.V. purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth about $267,000. Jane Street Group LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth about $289,000. Scientech Research LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 3rd quarter valued at about $521,000. Finally, Susquehanna International Group LLP boosted its stake in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares in the last quarter.

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.