GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $6.08, but opened at $6.44. GraniteShares 2x Long COIN Daily ETF shares last traded at $6.1190, with a volume of 4,700,762 shares changing hands.
GraniteShares 2x Long COIN Daily ETF Price Performance
The business’s 50-day moving average is $5.29 and its 200 day moving average is $6.39.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF in the first quarter worth approximately $814,000. Optiver Holding B.V. increased its stake in shares of GraniteShares 2x Long COIN Daily ETF by 232.2% in the first 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. Flagstar Advisors Inc. bought a new stake in GraniteShares 2x Long COIN Daily ETF during the 1st quarter valued at $189,000. Group One Trading LLC raised its holdings in GraniteShares 2x Long COIN Daily ETF by 431.4% during the 1st quarter. Group One Trading LLC now owns 28,288 shares of the company’s stock valued at $198,000 after buying an additional 22,965 shares during the last quarter. Finally, Crescent Grove Advisors LLC purchased a new stake in GraniteShares 2x Long COIN Daily ETF during the 4th quarter valued at $238,000.
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.
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