GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $5.39, but opened at $5.79. GraniteShares 2x Long COIN Daily ETF shares last traded at $6.0960, with a volume of 7,707,400 shares.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The business’s 50 day simple moving average is $5.04 and its 200-day simple moving average is $6.65.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. IMC Chicago LLC acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 1st quarter valued at $814,000. Flagstar Advisors Inc. acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 1st quarter worth $189,000. Crescent Grove Advisors LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 4th quarter worth $238,000. Jump Financial LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 2nd quarter worth $1,248,000. Finally, HRT Financial LP lifted its position in shares of GraniteShares 2x Long COIN Daily ETF by 165.2% during the 4th quarter. HRT Financial LP now owns 38,071 shares of the company’s stock worth $557,000 after buying an additional 23,716 shares during the last quarter.
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.
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