GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Sees Significant Decline in Short Interest

Posted by Donald Scott on Jul 30th, 2026

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 8,996,483 shares, a decline of 50.6% from the June 30th total of 18,222,632 shares. Currently, 8.6% of the company’s stock are sold short. Based on an average daily volume of 18,760,650 shares, the short-interest ratio is currently 0.5 days.

GraniteShares 2x Long COIN Daily ETF Stock Up 3.7%

Shares of CONL stock traded up $0.18 during trading hours on Thursday, reaching $5.05. The company had a trading volume of 9,351,751 shares, compared to its average volume of 17,997,826. GraniteShares 2x Long COIN Daily ETF has a 12 month low of $3.88 and a 12 month high of $54.61. The business has a fifty day simple moving average of $5.49 and a 200-day simple moving average of $7.90.

Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF

Several large investors have recently bought and sold shares of CONL. Jump Financial LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 2nd quarter worth $1,248,000. Peapack Gladstone Financial Corp bought a new position in shares of GraniteShares 2x Long COIN Daily ETF during the second quarter valued at about $293,000. UBS Group AG boosted its holdings in GraniteShares 2x Long COIN Daily ETF by 64.8% during the third quarter. UBS Group AG now owns 1,951,379 shares of the company’s stock worth $72,982,000 after purchasing an additional 767,632 shares during the last quarter. Scientech Research LLC purchased a new position in GraniteShares 2x Long COIN Daily ETF during the third quarter worth about $388,000. Finally, Austin Wealth Management LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF in the 4th quarter worth about $662,000.

GraniteShares 2x Long COIN Daily ETF Company Profile

(Get Free Report)

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.