GraniteShares 2x Long UBER Daily ETF (NASDAQ:UBRL – Get Free Report)’s share price fell 5.6% on Wednesday. The stock traded as low as $12.80 and last traded at $13.03. 174,834 shares changed hands during trading, a decline of 3% from the average session volume of 180,279 shares. The stock had previously closed at $13.81.
GraniteShares 2x Long UBER Daily ETF Stock Performance
The business’s 50-day moving average price is $14.80 and its 200-day moving average price is $15.29.
Hedge Funds Weigh In On GraniteShares 2x Long UBER Daily ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC grew its stake in shares of GraniteShares 2x Long UBER Daily ETF by 42.9% during the 1st quarter. Parallel Advisors LLC now owns 4,000 shares of the company’s stock valued at $63,000 after acquiring an additional 1,200 shares during the period. IMC Chicago LLC purchased a new stake in GraniteShares 2x Long UBER Daily ETF in the 1st quarter worth approximately $185,000. Optiver Holding B.V. increased its holdings in GraniteShares 2x Long UBER Daily ETF by 1,149.0% in the 1st quarter. Optiver Holding B.V. now owns 27,927 shares of the company’s stock worth $439,000 after acquiring an additional 25,691 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in GraniteShares 2x Long UBER Daily ETF in the 2nd quarter worth approximately $1,242,000.
About GraniteShares 2x Long UBER Daily ETF
The GraniteShares 2x Long UBER Daily ETF (UBRL) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Uber Technologies, Inc stock. UBRL was launched on Sep 3, 2024 and is issued by GraniteShares.
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