GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) Reaches New 52-Week Low – Should You Sell?

Posted by Linda Flegge on Nov 11th, 2026

GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $20.91 and last traded at $20.1430, with a volume of 5,632,391 shares traded. The stock had previously closed at $23.71.

GraniteShares 2x Long NVDA Daily ETF Stock Down 10.9%

The business’s 50 day simple moving average is $33.47 and its 200 day simple moving average is $31.59.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc purchased a new stake in GraniteShares 2x Long NVDA Daily ETF during the 3rd quarter valued at approximately $26,000. Integrated Wealth Concepts LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter worth approximately $43,000. CoreCap Advisors LLC raised its stake in shares of GraniteShares 2x Long NVDA Daily ETF by 200.0% during the second quarter. CoreCap Advisors LLC now owns 3,462 shares of the company’s stock worth $103,000 after purchasing an additional 2,308 shares during the last quarter. Vilga Financial Planning LLC purchased a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the third quarter worth approximately $220,000. Finally, Turner Financial Group Inc. acquired a new stake in shares of GraniteShares 2x Long NVDA Daily ETF during the second quarter worth $303,000.

About GraniteShares 2x Long NVDA Daily ETF

(Get Free Report)

The GraniteShares 1.5x Long NVDA Daily ETF (NVDL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVDL was launched on Dec 13, 2022 and is managed by GraniteShares.