GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $55.61, but opened at $53.73. GraniteShares 2x Long COIN Daily ETF shares last traded at $57.71, with a volume of 4,916,696 shares changing hands.
GraniteShares 2x Long COIN Daily ETF Stock Up 4.5 %
The firm’s 50-day simple moving average is $38.33 and its 200 day simple moving average is $40.35.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
Hedge funds have recently bought and sold shares of the company. Citigroup Inc. acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 3rd quarter valued at about $8,079,000. IMC Chicago LLC acquired a new position in GraniteShares 2x Long COIN Daily ETF in the third quarter worth about $2,412,000. Finally, SG Americas Securities LLC acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 3rd quarter valued at $122,000.
About GraniteShares 2x Long COIN Daily ETF
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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