GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 4,447,368 shares, an increase of 70.4% from the July 30th total of 2,610,231 shares. Based on an average daily trading volume, of 4,185,293 shares, the days-to-cover ratio is currently 1.1 days. Currently, 31.2% of the shares of the stock are sold short.
GraniteShares 2x Long INTC Daily ETF Price Performance
Shares of GraniteShares 2x Long INTC Daily ETF stock traded down $0.33 on Tuesday, hitting $18.03. The company’s stock had a trading volume of 2,407,433 shares, compared to its average volume of 6,559,137. GraniteShares 2x Long INTC Daily ETF has a 52-week low of $2.58 and a 52-week high of $52.63. The firm has a fifty day moving average price of $26.94 and a 200-day moving average price of $23.10.
Institutional Trading of GraniteShares 2x Long INTC Daily ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $787,000. Optiver Holding B.V. acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth approximately $267,000. Jane Street Group LLC acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth approximately $289,000. Scientech Research LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at approximately $521,000. Finally, Susquehanna International Group LLP lifted its stake in GraniteShares 2x Long INTC Daily ETF by 924.4% in the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after buying an additional 131,623 shares in the last quarter.
GraniteShares 2x Long INTC Daily ETF Company Profile
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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