GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Stock Price Up 10.1% – What’s Next?

Shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) traded up 10.1% during trading on Monday . The company traded as high as $40.90 and last traded at $40.86. 801,603 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 7,133,699 shares. The stock had previously closed at $37.10.

GraniteShares 2x Long INTC Daily ETF Price Performance

The business’s 50-day moving average price is $37.77 and its 200 day moving average price is $18.47.

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

Hedge funds have recently bought and sold shares of the company. Optiver Holding B.V. acquired a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter worth approximately $267,000. Jane Street Group LLC bought a new stake in GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $289,000. Scientech Research LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the third quarter valued at approximately $521,000. Susquehanna International Group LLP lifted its position in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% in the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after buying an additional 131,623 shares during the last quarter. Finally, Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the second quarter valued at approximately $42,000.

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.