GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) shares were down 8.7% during trading on Thursday. The stock traded as low as $78.90 and last traded at $80.1280. 1,527,616 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 7,813,143 shares. The stock had previously closed at $87.73.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The company has a 50 day moving average price of $60.43 and a two-hundred day moving average price of $52.73.
Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF
A number of large investors have recently modified their holdings of AMDL. Thrive Wealth Management LLC purchased a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at $238,000. Balboa Wealth Partners purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF in the 1st quarter valued at about $122,000. Client First Investment Management LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth about $1,097,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth about $524,000. Finally, IMC Chicago LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the first quarter worth approximately $1,726,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
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.
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