GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $47.27, but opened at $40.25. GraniteShares 2x Long AMD Daily ETF shares last traded at $35.9110, with a volume of 1,721,121 shares.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The stock has a 50-day simple moving average of $64.23 and a 200-day simple moving average of $45.47.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
Several hedge funds and other institutional investors have recently modified their holdings of the company. Thrive Wealth Management LLC acquired a new position in shares of GraniteShares 2x Long AMD Daily ETF in the 2nd quarter valued at approximately $238,000. SBI Securities Co. Ltd. grew its position in shares of GraniteShares 2x Long AMD Daily ETF by 18.3% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,014 shares of the company’s stock valued at $317,000 after buying an additional 621 shares during the last quarter. StoneX Group Inc. bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the third quarter valued at approximately $688,000. Simplex Trading LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the third quarter worth $819,000. Finally, Client First Investment Management LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the 2nd quarter worth about $1,097,000.
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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