GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Stock Price Down 12.3% – Here’s What Happened

Posted by Casey Walker on Jun 6th, 2026

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) fell 12.3% during mid-day trading on Thursday . The stock traded as low as $65.96 and last traded at $67.54. 1,191,324 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 11,621,193 shares. The stock had previously closed at $77.00.

GraniteShares 2x Long AMD Daily ETF Stock Down 21.6%

The firm has a fifty day moving average price of $38.21 and a 200-day moving average price of $23.25.

Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF

Several institutional investors and hedge funds have recently bought and sold shares of AMDL. StoneX Group Inc. bought a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at $170,000. NewEdge Advisors LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at $359,000. HUB Investment Partners LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at $108,000. Group One Trading LLC grew its holdings in GraniteShares 2x Long AMD Daily ETF by 261.5% during the second quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock valued at $6,328,000 after purchasing an additional 537,911 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in GraniteShares 2x Long AMD Daily ETF by 36.6% during the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after purchasing an additional 1,645 shares during the period.

About GraniteShares 2x Long AMD Daily ETF

(Get Free Report)

The GraniteShares 2x Long AMD Daily ETF (AMDL) 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 Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.