GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $5.39, but opened at $5.79. GraniteShares 2x Long COIN Daily ETF shares last traded at $6.0960, with a volume of 7,707,400 shares traded.
GraniteShares 2x Long COIN Daily ETF Stock Up 23.2%
The firm’s fifty day moving average price is $4.96 and its 200-day moving average price is $6.66.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
A number of institutional investors have recently bought and sold shares of CONL. IMC Chicago LLC bought a new position in GraniteShares 2x Long COIN Daily ETF in the first quarter worth $814,000. Jump Financial LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 2nd quarter valued at $1,248,000. Renaissance Technologies LLC boosted its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 91.2% during the 4th quarter. Renaissance Technologies LLC now owns 91,600 shares of the company’s stock valued at $1,342,000 after buying an additional 43,700 shares in the last quarter. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long COIN Daily ETF by 232.2% in the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock worth $906,000 after buying an additional 90,448 shares during the period. Finally, NewEdge Advisors LLC grew its position in shares of GraniteShares 2x Long COIN Daily ETF by 58.0% in the 1st quarter. NewEdge Advisors LLC now owns 16,075 shares of the company’s stock worth $113,000 after buying an additional 5,900 shares during the period.
About GraniteShares 2x Long COIN Daily ETF
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
See Also
- Five stocks we like better than GraniteShares 2x Long COIN Daily ETF
- Amazon’s Robot Push Raises a Bigger Question About Its Next Margin Lever
- Palo Alto Networks Is Expensive—But Its Growth Is Accelerating
- AeroVironment’s $465 Million Army Laser Win Expands Its Counter-Drone Opportunity
- MongoDB’s Spending Fears Collide With a Much Stronger Growth Story
Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
