GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Up – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $363.57, but opened at $400.41. GraniteShares 2x Long INTC Daily ETF shares last traded at $381.72, with a volume of 669,253 shares changing hands.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The business’s 50-day moving average price is $115.14 and its two-hundred day moving average price is $75.72.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Hedge funds have recently made changes to their positions in the stock. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the second quarter worth approximately $42,000. Jane Street Group LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter worth approximately $289,000. Scientech Research LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the third quarter worth approximately $521,000. Finally, Susquehanna International Group LLP grew its position in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after buying an additional 131,623 shares in the last quarter.

GraniteShares 2x Long INTC Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long INTC Daily ETF (INTW) 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 Intel Corporation (INTC) stock. INTW was launched on Feb 13, 2025 and is issued by GraniteShares.

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