GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $51.73, but opened at $49.00. GraniteShares 2x Long AMD Daily ETF shares last traded at $47.82, with a volume of 610,661 shares changing hands.
GraniteShares 2x Long AMD Daily ETF Stock Up 17.7%
The business has a fifty day moving average of $65.42 and a 200 day moving average of $37.80.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of AMDL. Osaic Holdings Inc. lifted its stake in shares of GraniteShares 2x Long AMD Daily ETF by 36.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,145 shares of the company’s stock valued at $52,000 after purchasing an additional 1,645 shares during the last quarter. Thrive Wealth Management LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter worth $238,000. Vestor Capital LLC raised its holdings in GraniteShares 2x Long AMD Daily ETF by 145.5% during the fourth quarter. Vestor Capital LLC now owns 10,250 shares of the company’s stock valued at $159,000 after buying an additional 6,074 shares in the last quarter. Balboa Wealth Partners bought a new position in GraniteShares 2x Long AMD Daily ETF during the first quarter valued at about $122,000. Finally, HUB Investment Partners LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at about $108,000.
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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