Shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shot up 12.6% during trading on Monday . The stock traded as high as $9.96 and last traded at $9.93. Approximately 20,960,702 shares traded hands during trading, an increase of 24% from the average daily volume of 16,941,988 shares. The stock had previously closed at $8.82.
GraniteShares 2x Long COIN Daily ETF Price Performance
The stock’s 50 day moving average price is $8.32 and its two-hundred day moving average price is $15.19.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of CONL. Parallel Advisors LLC grew its position in shares of GraniteShares 2x Long COIN Daily ETF by 353.3% in the first quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock valued at $48,000 after purchasing an additional 5,300 shares during the last quarter. IMC Chicago LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 1st quarter worth about $814,000. Flagstar Advisors Inc. bought a new stake in GraniteShares 2x Long COIN Daily ETF during the 1st quarter valued at approximately $189,000. NewEdge Advisors LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the 4th quarter valued at approximately $149,000. Finally, Summit Securities Group LLC acquired a new stake in GraniteShares 2x Long COIN Daily ETF in the 4th quarter valued at approximately $44,000.
About GraniteShares 2x Long COIN Daily ETF
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.
Read More
- Five stocks we like better than GraniteShares 2x Long COIN Daily ETF
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
