GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 57,705 shares, a decline of 79.5% from the May 31st total of 282,002 shares. Currently, 3.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 819,522 shares, the short-interest ratio is currently 0.1 days.
GraniteShares 2x Long INTC Daily ETF Trading Up 4.8%
GraniteShares 2x Long INTC Daily ETF stock traded up $2.07 during mid-day trading on Monday, reaching $44.78. The company had a trading volume of 2,768,384 shares, compared to its average volume of 7,255,225. The stock’s 50-day simple moving average is $273.77 and its 200-day simple moving average is $135.44. GraniteShares 2x Long INTC Daily ETF has a 1 year low of $1.72 and a 1 year high of $52.63.
Institutional Trading of GraniteShares 2x Long INTC Daily ETF
Large investors have recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at $289,000. Group One Trading LLC purchased a new position in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter valued at about $42,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the third quarter worth about $521,000. Susquehanna International Group LLP lifted its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% in the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $267,000.
GraniteShares 2x Long INTC Daily ETF Company Profile
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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