GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Trading 7.9% Higher – Here’s What Happened

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) traded up 7.9% during trading on Monday . The stock traded as high as $61.60 and last traded at $60.57. 1,428,663 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 11,518,885 shares. The stock had previously closed at $56.12.

GraniteShares 2x Long AMD Daily ETF Stock Down 6.1%

The firm’s fifty day moving average price is $40.11 and its 200 day moving average price is $23.85.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

Several large investors have recently made changes to their positions in the business. Group One Trading LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the first quarter worth $524,000. IMC Chicago LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the first quarter worth $1,726,000. Balboa Wealth Partners purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the first quarter worth $122,000. Vestor Capital LLC boosted its holdings in GraniteShares 2x Long AMD Daily ETF by 145.5% during the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock worth $159,000 after buying an additional 6,074 shares in the last quarter. Finally, UBS Group AG boosted its holdings in GraniteShares 2x Long AMD Daily ETF by 48.1% during the fourth quarter. UBS Group AG now owns 1,500,000 shares of the company’s stock worth $23,325,000 after buying an additional 487,097 shares in the last quarter.

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.