GraniteShares 2x Long PLTR Daily ETF Target of Unusually High Options Trading (NASDAQ:PTIR)

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) saw unusually large options trading on Tuesday. Stock investors purchased 3,753 call options on the company. This represents an increase of approximately 37% compared to the average volume of 2,737 call options.

GraniteShares 2x Long PLTR Daily ETF Stock Up 48.6%

PTIR traded up $5.14 during trading on Tuesday, hitting $15.72. The company’s stock had a trading volume of 9,399,519 shares, compared to its average volume of 5,062,229. GraniteShares 2x Long PLTR Daily ETF has a twelve month low of $7.84 and a twelve month high of $40.78. The business’s fifty day simple moving average is $11.86 and its 200 day simple moving average is $14.94.

Institutional Investors Weigh In On GraniteShares 2x Long PLTR Daily ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. grew its position in shares of GraniteShares 2x Long PLTR Daily ETF by 20.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 100,121 shares of the company’s stock valued at $2,676,000 after purchasing an additional 17,174 shares during the period. Group One Trading LLC acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the 1st quarter worth about $675,000. Renaissance Technologies LLC acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the 1st quarter worth about $570,000. Mariner LLC acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the 4th quarter worth about $802,000. Finally, Vestor Capital LLC lifted its stake in GraniteShares 2x Long PLTR Daily ETF by 233.7% in the 1st quarter. Vestor Capital LLC now owns 24,762 shares of the company’s stock valued at $405,000 after buying an additional 17,342 shares in the last quarter.

GraniteShares 2x Long PLTR Daily ETF Company Profile

The GraniteShares 2x Long PLTR Daily ETF (PTIR) 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 Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.