GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Down – Here’s Why

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $73.79, but opened at $64.08. GraniteShares 2x Long AMD Daily ETF shares last traded at $64.00, with a volume of 1,093,285 shares trading hands.

GraniteShares 2x Long AMD Daily ETF Stock Down 16.1%

The stock has a fifty day simple moving average of $59.34 and a 200 day simple moving average of $30.91.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

A number of large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% during the second quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after purchasing an additional 1,645 shares during the last quarter. HUB Investment Partners LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at $108,000. Balboa Wealth Partners bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at $122,000. Financial Engines Advisors L.L.C. purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the 3rd quarter worth $149,000. Finally, CreativeOne Wealth LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $157,000.

GraniteShares 2x Long AMD Daily ETF Company Profile

(Get Free Report)

The GraniteShares 2x Long AMD Daily ETF (AMDL) 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 Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.

Featured Stories

Receive News & Ratings for GraniteShares 2x Long AMD 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 AMD Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.