GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Down – Here’s Why

Posted by Stephan Jacobs on May 15th, 2026

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $54.25, but opened at $50.15. GraniteShares 2x Long AMD Daily ETF shares last traded at $49.70, with a volume of 1,802,425 shares trading hands.

GraniteShares 2x Long AMD Daily ETF Stock Performance

The stock’s 50 day moving average price is $22.59 and its 200-day moving average price is $18.93.

Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF

Institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. raised its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% in the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock worth $52,000 after buying an additional 1,645 shares during the last quarter. HUB Investment Partners LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth $108,000. Balboa Wealth Partners purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter worth $122,000. Financial Engines Advisors L.L.C. purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $149,000. Finally, CreativeOne Wealth LLC purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $157,000.

About GraniteShares 2x Long AMD Daily ETF

(Get Free Report)

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.