Shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) rose 4.2% on Monday . The company traded as high as $5.92 and last traded at $5.89. Approximately 7,916,958 shares traded hands during trading, a decline of 58% from the average daily volume of 18,902,125 shares. The stock had previously closed at $5.65.
GraniteShares 2x Long COIN Daily ETF Stock Up 9.6%
The firm has a fifty day simple moving average of $4.92 and a 200-day simple moving average of $6.67.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of institutional investors have recently modified their holdings of CONL. Parallel Advisors LLC lifted its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 353.3% in the 1st quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock worth $48,000 after purchasing an additional 5,300 shares in the last quarter. NewEdge Advisors LLC increased its stake in GraniteShares 2x Long COIN Daily ETF by 58.0% during the 1st quarter. NewEdge Advisors LLC now owns 16,075 shares of the company’s stock valued at $113,000 after purchasing an additional 5,900 shares in the last quarter. Optiver Holding B.V. increased its stake in GraniteShares 2x Long COIN Daily ETF by 232.2% during the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock valued at $906,000 after purchasing an additional 90,448 shares in the last quarter. Group One Trading LLC raised its holdings in GraniteShares 2x Long COIN Daily ETF by 431.4% during the first quarter. Group One Trading LLC now owns 28,288 shares of the company’s stock worth $198,000 after buying an additional 22,965 shares during the last quarter. Finally, IMC Chicago LLC acquired a new position in GraniteShares 2x Long COIN Daily ETF during the first quarter worth $814,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
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.
Read More
- Five stocks we like better than GraniteShares 2x Long COIN Daily ETF
- Insiders Are Betting Big on These 3 Healthcare Stocks
- 3 Stocks for Investors Who Still Believe Cash Is King
- Dollar General and Dollar Tree Are Recovering, But Not for the Same Reason
- AST SpaceMobile Is Down 54%—Can FCC Progress and BlueBirds Reverse the Slide?
Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
