Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) were up 6.9% during mid-day trading on Friday . The company traded as high as $56.08 and last traded at $55.81. 691,370 shares were traded during mid-day trading, a decline of 92% from the average session volume of 9,200,634 shares. The stock had previously closed at $52.19.
GraniteShares 2x Long AMD Daily ETF Stock Up 6.1%
The company’s 50 day moving average is $62.86 and its 200-day moving average is $39.39.
Institutional Trading of GraniteShares 2x Long AMD Daily ETF
Several institutional investors and hedge funds have recently bought and sold shares of AMDL. Osaic Holdings Inc. lifted its position in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% in the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after buying an additional 1,645 shares during the last quarter. HUB Investment Partners LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth approximately $108,000. Balboa Wealth Partners acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth approximately $122,000. Financial Engines Advisors L.L.C. bought a new stake in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter valued at $149,000. Finally, CreativeOne Wealth LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter valued at $157,000.
About GraniteShares 2x Long AMD Daily ETF
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.
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