GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Up 10.1% – What’s Next?

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report)’s stock price traded up 10.1% during mid-day trading on Monday . The company traded as high as $40.90 and last traded at $40.86. Approximately 801,603 shares changed hands during trading, a decline of 89% from the average session volume of 7,133,699 shares. The stock had previously closed at $37.10.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The firm’s fifty day moving average price is $38.45 and its 200 day moving average price is $18.88.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of INTW. Jane Street Group LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $289,000. Group One Trading LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF in the second quarter worth approximately $42,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF in the third quarter worth approximately $521,000. Susquehanna International Group LLP raised its position in GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after acquiring an additional 131,623 shares in the last quarter. Finally, Optiver Holding B.V. acquired a new stake in GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $267,000.

About GraniteShares 2x Long INTC Daily ETF

(Get Free Report)

The GraniteShares 2x Long INTC Daily ETF (INTW) 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 Intel Corporation (INTC) stock. INTW was launched on Feb 13, 2025 and is issued by GraniteShares.

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