GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Short Interest Down 45.9% in August

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 2,407,731 shares, a drop of 45.9% from the August 15th total of 4,447,368 shares. Based on an average daily volume of 3,646,295 shares, the short-interest ratio is currently 0.7 days. Currently, 16.9% of the company’s shares are short sold.

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

An institutional investor recently bought a new position in GraniteShares 2x Long INTC Daily ETF stock. Optiver Holding B.V. purchased a new stake in GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,149 shares of the company’s stock, valued at approximately $267,000. Optiver Holding B.V. owned 0.30% of GraniteShares 2x Long INTC Daily ETF as of its most recent SEC filing.

GraniteShares 2x Long INTC Daily ETF Stock Down 0.1%

NASDAQ:INTW traded down $0.03 during trading hours on Tuesday, reaching $21.14. 2,547,407 shares of the stock were exchanged, compared to its average volume of 6,416,762. GraniteShares 2x Long INTC Daily ETF has a twelve month low of $2.74 and a twelve month high of $52.63. The business has a 50-day moving average of $22.64 and a two-hundred day moving average of $24.10.

About GraniteShares 2x Long INTC Daily ETF

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.