GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Up – Still a Buy?

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $281.42, but opened at $312.06. GraniteShares 2x Long INTC Daily ETF shares last traded at $315.00, with a volume of 396,869 shares trading hands.

GraniteShares 2x Long INTC Daily ETF Stock Up 12.7%

The firm has a 50 day moving average price of $138.93 and a 200-day moving average price of $84.16.

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

Institutional investors have recently modified their holdings of the stock. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 2nd quarter valued at approximately $42,000. Jane Street Group LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $289,000. Scientech Research LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at approximately $521,000. Finally, Susquehanna International Group LLP lifted its stake in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% in the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares during the last quarter.

About GraniteShares 2x Long INTC Daily ETF

(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.

Further Reading

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