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

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $250.20, but opened at $282.82. GraniteShares 2x Long INTC Daily ETF shares last traded at $301.86, with a volume of 406,513 shares.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The company has a 50 day moving average of $215.50 and a 200 day moving average of $112.12.

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

Large investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP increased its holdings in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after purchasing an additional 131,623 shares in the last quarter. Scientech Research LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth about $521,000. Group One Trading LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter worth about $42,000. Jane Street Group LLC increased its holdings in 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 worth $401,000 after purchasing an additional 7,833 shares in the last quarter. Finally, Optiver Holding B.V. bought a new position in GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth 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.