Shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) fell 4.9% on Friday. The company traded as low as $6.24 and last traded at $6.25. Approximately 5,265,382 shares traded hands during trading, a decline of 73% from the average session volume of 19,469,121 shares. The stock had previously closed at $6.57.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The firm’s 50 day simple moving average is $5.24 and its 200-day simple moving average is $6.44.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
A number of institutional investors have recently added to or reduced their stakes in CONL. Optiver Holding B.V. raised its position in GraniteShares 2x Long COIN Daily ETF by 232.2% in the first quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock valued at $906,000 after purchasing an additional 90,448 shares during the period. IMC Chicago LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the first quarter worth about $814,000. Group One Trading LLC grew its stake in shares of GraniteShares 2x Long COIN Daily ETF by 431.4% in the first quarter. Group One Trading LLC now owns 28,288 shares of the company’s stock valued at $198,000 after buying an additional 22,965 shares in the last quarter. Flagstar Advisors Inc. acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the first quarter valued at about $189,000. Finally, Crescent Grove Advisors LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the 4th quarter valued at about $238,000.
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
- Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem
- Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out
- Oil May Be Stronger Than It Looks—And Diamondback Is on Sale
- BlackBerry Shifts Gears With Coretura Deal
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.
