GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock traders acquired 29,618 call options on the company. This is an increase of approximately 54% compared to the typical volume of 19,190 call options.
GraniteShares 2x Long AMD Daily ETF Stock Down 2.0%
NASDAQ AMDL traded down $0.33 during trading hours on Wednesday, reaching $16.58. The company’s stock had a trading volume of 3,964,853 shares, compared to its average volume of 25,455,092. GraniteShares 2x Long AMD Daily ETF has a 1 year low of $2.77 and a 1 year high of $25.86. The firm’s 50-day moving average price is $18.89 and its 200-day moving average price is $12.80.
Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of hedge funds and other institutional investors have recently modified their holdings of AMDL. Financial Engines Advisors L.L.C. bought a new stake in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter valued at $149,000. Flow Traders U.S. LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF during the third quarter valued at about $276,000. UBS Group AG increased its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 57.0% in the third quarter. UBS Group AG now owns 1,012,903 shares of the company’s stock worth $10,463,000 after purchasing an additional 367,782 shares during the last quarter. CreativeOne Wealth LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the third quarter valued at approximately $157,000. Finally, GatePass Capital LLC purchased a new position in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at approximately $426,000.
About GraniteShares 2x Long AMD Daily ETF
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.
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