GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 284,022 shares, a drop of 43.4% from the March 31st total of 501,452 shares. Approximately 21.8% of the company’s stock are short sold. Based on an average daily volume of 825,993 shares, the short-interest ratio is currently 0.3 days.
Institutional Investors Weigh In On GraniteShares 2x Long INTC Daily ETF
A number of hedge funds have recently bought and sold shares of the business. Group One Trading LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter worth $42,000. Jane Street Group LLC grew its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% during the 2nd quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after acquiring an additional 7,833 shares in the last quarter. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth $521,000. Finally, Susquehanna International Group LLP grew its holdings in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after acquiring an additional 131,623 shares in the last quarter.
GraniteShares 2x Long INTC Daily ETF Price Performance
NASDAQ INTW traded up $10.07 during mid-day trading on Monday, reaching $177.46. 1,114,161 shares of the company’s stock traded hands, compared to its average volume of 940,566. GraniteShares 2x Long INTC Daily ETF has a 1-year low of $13.74 and a 1-year high of $185.83. The company has a fifty day simple moving average of $74.08 and a 200-day simple moving average of $60.59.
GraniteShares 2x Long INTC Daily ETF Company Profile
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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