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

Shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) gapped up prior to trading on Thursday . The stock had previously closed at $250.20, but opened at $282.82. GraniteShares 2x Long INTC Daily ETF shares last traded at $301.86, with a volume of 406,513 shares changing hands.

GraniteShares 2x Long INTC Daily ETF Stock Up 11.5%

The firm has a 50 day moving average price of $215.50 and a two-hundred day moving average price of $112.12.

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

Several large investors have recently modified their holdings of INTW. Group One Trading LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 2nd quarter valued at approximately $42,000. Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $267,000. Jane Street Group LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $289,000. Scientech Research LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at approximately $521,000. Finally, Susquehanna International Group LLP grew its position in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after acquiring an additional 131,623 shares during the last quarter.

About GraniteShares 2x Long INTC Daily ETF

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.