GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Down 5.8% – Time to Sell?

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report)’s share price traded down 5.8% on Thursday . The stock traded as low as $45.23 and last traded at $46.36. 573,802 shares changed hands during trading, a decline of 37% from the average session volume of 905,235 shares. The stock had previously closed at $49.21.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The company’s 50 day moving average price is $39.06 and its two-hundred day moving average price is $25.62.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

A hedge fund recently raised its stake in GraniteShares 2x Long INTC Daily ETF stock. Jane Street Group LLC lifted its stake in GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWFree Report) by 62.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,307 shares of the company’s stock after buying an additional 7,833 shares during the quarter. Jane Street Group LLC owned about 1.07% of GraniteShares 2x Long INTC Daily ETF worth $401,000 as of its most recent filing with the Securities & Exchange Commission.

GraniteShares 2x Long INTC Daily ETF Company Profile

(Get Free Report)

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.

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