GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 3,787,972 shares, a growth of 57.3% from the August 31st total of 2,407,731 shares. Based on an average trading volume of 3,501,292 shares, the days-to-cover ratio is presently 1.1 days. Currently, 30.1% of the company’s stock are sold short.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in GraniteShares 2x Long INTC Daily ETF stock. Optiver Holding B.V. purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Free Report) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 5,149 shares of the company’s stock, valued at approximately $267,000. Optiver Holding B.V. owned approximately 0.30% of GraniteShares 2x Long INTC Daily ETF at the end of the most recent reporting period.
GraniteShares 2x Long INTC Daily ETF Trading Down 0.7%
NASDAQ:INTW traded down $0.21 on Thursday, hitting $31.07. 2,096,990 shares of the company’s stock traded hands, compared to its average volume of 6,358,838. GraniteShares 2x Long INTC Daily ETF has a 1 year low of $4.47 and a 1 year high of $52.63. The firm has a 50-day moving average price of $23.15 and a 200-day moving average price of $25.99.
About GraniteShares 2x Long INTC Daily ETF
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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