GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Down – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) gapped down prior to trading on Tuesday . The stock had previously closed at $419.24, but opened at $347.80. GraniteShares 2x Long INTC Daily ETF shares last traded at $385.50, with a volume of 266,161 shares traded.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The stock has a 50 day moving average of $259.37 and a 200-day moving average of $128.95.

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

Large investors have recently made changes to their positions in the business. Susquehanna International Group LLP boosted its position in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after acquiring an additional 131,623 shares during the last quarter. Scientech Research LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the 3rd quarter worth $521,000. Group One Trading LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the 2nd quarter worth $42,000. Jane Street Group LLC boosted its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% during the 2nd quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock valued at $401,000 after purchasing an additional 7,833 shares during the last quarter. Finally, Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter valued at about $267,000.

GraniteShares 2x Long INTC Daily ETF Company Profile

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.