GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) were up 3.9% on Tuesday . The company traded as high as $36.16 and last traded at $35.79. Approximately 2,336,041 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 2,912,797 shares. The stock had previously closed at $34.44.
GraniteShares 2x Long COIN Daily ETF Trading Down 7.0 %
The firm has a fifty day moving average of $26.19 and a two-hundred day moving average of $39.93.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in GraniteShares 2x Long COIN Daily ETF stock. IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 97,091 shares of the company’s stock, valued at approximately $2,412,000. IMC Chicago LLC owned 0.38% of GraniteShares 2x Long COIN Daily ETF as of its most recent SEC filing.
GraniteShares 2x Long COIN Daily ETF Company Profile
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
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