GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 484,183 shares, an increase of 739.1% from the June 15th total of 57,705 shares. Based on an average trading volume of 4,985,261 shares, the short-interest ratio is presently 0.1 days. Currently, 3.0% of the shares of the company are short sold.
GraniteShares 2x Long INTC Daily ETF Trading Down 5.0%
Shares of NASDAQ:INTW traded down $1.60 during midday trading on Friday, hitting $30.37. The company had a trading volume of 2,712,105 shares, compared to its average volume of 7,069,194. GraniteShares 2x Long INTC Daily ETF has a 12-month low of $1.72 and a 12-month high of $52.63. The company has a fifty day moving average of $38.89 and a two-hundred day moving average of $19.32.
Institutional Trading of GraniteShares 2x Long INTC Daily ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of INTW. Group One Trading LLC purchased a new position in shares of GraniteShares 2x Long INTC Daily ETF during the 2nd quarter valued at about $42,000. Optiver Holding B.V. purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the 1st quarter worth approximately $267,000. Jane Street Group LLC increased its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% in 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 bought a new stake in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth approximately $521,000. Finally, Susquehanna International Group LLP raised its stake 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 during the period.
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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