GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Up – Here’s What Happened

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDLGet Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $52.64, but opened at $54.40. GraniteShares 2x Long AMD Daily ETF shares last traded at $55.8650, with a volume of 634,365 shares trading hands.

GraniteShares 2x Long AMD Daily ETF Stock Performance

The business has a 50 day moving average of $55.41 and a 200-day moving average of $45.52.

Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF

Several large investors have recently made changes to their positions in the stock. Thrive Wealth Management LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the second quarter worth $238,000. Balboa Wealth Partners bought a new position in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth about $122,000. Client First Investment Management LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter worth about $1,097,000. Group One Trading LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth about $524,000. Finally, IMC Chicago LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the 1st quarter valued at about $1,726,000.

About GraniteShares 2x Long AMD Daily ETF

(Get Free Report)

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.

Further Reading

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