GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Short Interest Update

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,017,949 shares, a decline of 52.5% from the June 15th total of 4,244,308 shares. Based on an average trading volume of 3,952,887 shares, the short-interest ratio is presently 0.5 days. Approximately 10.5% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. UBS Group AG raised its position in GraniteShares 2x Long AMD Daily ETF by 48.1% during the 4th quarter. UBS Group AG now owns 1,500,000 shares of the company’s stock valued at $23,325,000 after purchasing an additional 487,097 shares during the last quarter. Group One Trading LLC lifted its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 261.5% during the 2nd quarter. Group One Trading LLC now owns 743,626 shares of the company’s stock valued at $6,328,000 after buying an additional 537,911 shares during the period. IMC Chicago LLC bought a new position in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at about $1,726,000. NewEdge Advisors LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth approximately $359,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 3rd quarter worth $276,000.

GraniteShares 2x Long AMD Daily ETF Stock Up 3.7%

NASDAQ:AMDL opened at $74.11 on Wednesday. The business’s 50-day moving average price is $63.65 and its two-hundred day moving average price is $33.20. GraniteShares 2x Long AMD Daily ETF has a twelve month low of $8.88 and a twelve month high of $83.79.

GraniteShares 2x Long AMD Daily ETF Company Profile

(Get Free Report)

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.

Further Reading

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