GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s stock price traded up 6.9% during mid-day trading on Friday . The company traded as high as $48.06 and last traded at $48.6850. 528,253 shares changed hands during trading, a decline of 94% from the average session volume of 8,548,571 shares. The stock had previously closed at $45.56.
GraniteShares 2x Long AMD Daily ETF Trading Up 6.1%
The company’s fifty day moving average price is $58.10 and its 200 day moving average price is $42.88.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
Hedge funds have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. lifted its position in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after acquiring an additional 1,645 shares during the period. Thrive Wealth Management LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth $238,000. Vestor Capital LLC increased its position in shares of GraniteShares 2x Long AMD Daily ETF by 145.5% in the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock worth $159,000 after purchasing an additional 6,074 shares during the period. Balboa Wealth Partners acquired a new position in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at about $122,000. Finally, HUB Investment Partners LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $108,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
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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