GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 12,800,557 shares changed hands during mid-day trading, a decline of 32% from the previous session’s volume of 18,796,307 shares.The stock last traded at $6.0740 and had previously closed at $5.32.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The business’s 50 day simple moving average is $5.09 and its 200 day simple moving average is $6.60.
Hedge Funds Weigh In On GraniteShares 2x Long COIN Daily ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. IMC Chicago LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF in the first quarter valued at $814,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long COIN Daily ETF during the third quarter worth $388,000. Peapack Gladstone Financial Corp bought a new position in shares of GraniteShares 2x Long COIN Daily ETF during the second quarter valued at $293,000. Simplex Trading LLC lifted its holdings in shares of GraniteShares 2x Long COIN Daily ETF by 1,390.9% during the fourth quarter. Simplex Trading LLC now owns 19,427 shares of the company’s stock valued at $285,000 after acquiring an additional 18,124 shares during the period. Finally, NewEdge Advisors LLC acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the 4th quarter valued at $149,000.
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.
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