GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $45.53 and traded as low as $30.54. GraniteShares 2x Long AMD Daily ETF shares last traded at $30.71, with a volume of 8,476,048 shares changing hands.
GraniteShares 2x Long AMD Daily ETF Stock Performance
The stock has a 50-day moving average price of $63.82 and a 200-day moving average price of $45.53.
Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the business. IMC Chicago LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth approximately $1,726,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the first quarter worth approximately $524,000. Client First Investment Management LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth $1,097,000. Simplex Trading LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $819,000. Finally, StoneX Group Inc. bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $688,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
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.
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