GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Down – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) gapped down prior to trading on Thursday . The stock had previously closed at $335.04, but opened at $303.61. GraniteShares 2x Long INTC Daily ETF shares last traded at $316.99, with a volume of 286,231 shares trading hands.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The business has a fifty day moving average of $120.69 and a 200-day moving average of $77.73.

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

Several large investors have recently added to or reduced their stakes in INTW. Group One Trading LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the second quarter worth about $42,000. Jane Street Group LLC raised its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% in the 2nd quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock valued at $401,000 after acquiring an additional 7,833 shares in the last quarter. 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 grew its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after purchasing an additional 131,623 shares in the last quarter.

About GraniteShares 2x Long INTC Daily ETF

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.