GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Trading 5% Higher – Here’s What Happened

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIRGet Free Report)’s share price rose 5% during trading on Friday . The stock traded as high as $19.33 and last traded at $19.19. Approximately 4,359,921 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 4,944,337 shares. The stock had previously closed at $18.28.

GraniteShares 2x Long PLTR Daily ETF Trading Up 5.9%

The stock’s fifty day moving average is $20.39 and its two-hundred day moving average is $26.31.

GraniteShares 2x Long PLTR Daily ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 29th were paid a dividend of $1.5533 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a c) dividend on an annualized basis and a yield of 96.3%.

Institutional Trading of GraniteShares 2x Long PLTR Daily ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. SBI Securities Co. Ltd. boosted its holdings in shares of GraniteShares 2x Long PLTR Daily ETF by 1,209.8% during the third quarter. SBI Securities Co. Ltd. now owns 82,947 shares of the company’s stock worth $2,692,000 after purchasing an additional 76,614 shares during the period. Optiver Holding B.V. grew its holdings in GraniteShares 2x Long PLTR Daily ETF by 415.1% during the third quarter. Optiver Holding B.V. now owns 74,387 shares of the company’s stock valued at $2,414,000 after purchasing an additional 59,945 shares during the last quarter. Mariner LLC bought a new position in GraniteShares 2x Long PLTR Daily ETF in the 4th quarter worth $802,000. AlphaStar Capital Management LLC bought a new position in shares of GraniteShares 2x Long PLTR Daily ETF in the fourth quarter worth about $427,000. Finally, Stevens Capital Management LP acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the third quarter worth approximately $509,000.

About GraniteShares 2x Long PLTR Daily ETF

(Get Free Report)

The GraniteShares 2x Long PLTR Daily ETF (PTIR) 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 Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.

Further Reading

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