GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL – Get Free Report)’s stock price shot up 5.1% during mid-day trading on Thursday . The stock traded as high as $15.92 and last traded at $15.92. Approximately 172,116 shares were traded during mid-day trading, an increase of 11% from the average daily volume of 154,828 shares. The stock had previously closed at $15.15.
GraniteShares 2x Long UBER Daily ETF Stock Performance
The business’s 50 day moving average price is $15.75 and its 200-day moving average price is $17.71.
Institutional Trading of GraniteShares 2x Long UBER Daily ETF
Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC boosted its position in shares of GraniteShares 2x Long UBER Daily ETF by 42.9% in the first quarter. Parallel Advisors LLC now owns 4,000 shares of the company’s stock valued at $63,000 after acquiring an additional 1,200 shares during the period. Optiver Holding B.V. increased its holdings in GraniteShares 2x Long UBER Daily ETF by 1,149.0% in the 1st quarter. Optiver Holding B.V. now owns 27,927 shares of the company’s stock valued at $439,000 after buying an additional 25,691 shares during the period. IMC Chicago LLC acquired a new position in shares of GraniteShares 2x Long UBER Daily ETF in the 1st quarter valued at $185,000. Genesis Financial Group LLC acquired a new position in shares of GraniteShares 2x Long UBER Daily ETF in the 4th quarter valued at $1,504,000. Finally, Group One Trading LLC bought a new position in shares of GraniteShares 2x Long UBER Daily ETF during the 3rd quarter worth about $248,000.
GraniteShares 2x Long UBER Daily ETF Company Profile
The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.
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