GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Up – Time to Buy?

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $19.46, but opened at $20.46. GraniteShares 2x Long AMD Daily ETF shares last traded at $20.49, with a volume of 6,551,761 shares changing hands.

GraniteShares 2x Long AMD Daily ETF Stock Up 14.6%

The stock has a fifty day moving average of $13.30 and a 200-day moving average of $16.24.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Group One Trading LLC raised its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 261.5% in the second quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock valued at $6,328,000 after buying an additional 537,911 shares during the last quarter. Osaic Holdings Inc. raised its holdings in 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 worth $52,000 after purchasing an additional 1,645 shares during the last quarter. Financial Engines Advisors L.L.C. bought a new stake in GraniteShares 2x Long AMD Daily ETF during the 3rd quarter worth about $149,000. Vestor Capital LLC raised its holdings in GraniteShares 2x Long AMD Daily ETF by 145.5% during the 4th 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 last quarter. Finally, Flow Traders U.S. LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF during the 3rd quarter worth about $276,000.

About GraniteShares 2x Long AMD Daily ETF

(Get Free Report)

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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