GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $5.57, but opened at $5.91. GraniteShares 2x Long COIN Daily ETF shares last traded at $5.5690, with a volume of 5,097,935 shares trading hands.
GraniteShares 2x Long COIN Daily ETF Price Performance
The company has a 50 day moving average price of $5.09 and a 200 day moving average price of $6.64.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CONL. UBS Group AG lifted its position in GraniteShares 2x Long COIN Daily ETF by 64.8% during the 3rd quarter. UBS Group AG now owns 1,951,379 shares of the company’s stock valued at $72,982,000 after purchasing an additional 767,632 shares during the period. Optiver Holding B.V. grew its position in shares of GraniteShares 2x Long COIN Daily ETF by 232.2% during the 1st quarter. Optiver Holding B.V. now owns 129,394 shares of the company’s stock worth $906,000 after buying an additional 90,448 shares during the period. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long COIN Daily ETF during the first quarter worth approximately $814,000. Renaissance Technologies LLC raised its stake in shares of GraniteShares 2x Long COIN Daily ETF by 91.2% during the fourth quarter. Renaissance Technologies LLC now owns 91,600 shares of the company’s stock worth $1,342,000 after buying an additional 43,700 shares during the last quarter. Finally, HRT Financial LP raised its stake in shares of GraniteShares 2x Long COIN Daily ETF by 165.2% during the fourth quarter. HRT Financial LP now owns 38,071 shares of the company’s stock worth $557,000 after buying an additional 23,716 shares during the last quarter.
About GraniteShares 2x Long COIN Daily ETF
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
Recommended Stories
- Five stocks we like better than GraniteShares 2x Long COIN Daily ETF
- 3 Lesser-Known Quantum Plays the Market May Be Overlooking Right Now
- Gold.com’s Q4 Results Show Why This Stock Is More Than a Gold Bet
- Analog Devices Shows Why AI Is Not the Only Story Driving Chip Demand
- Cathie Wood Trimmed Palantir, But the Bigger Story Is Still Valuation
Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
