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

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) shares gapped up prior to trading on Monday . The stock had previously closed at $67.01, but opened at $72.97. GraniteShares 2x Long AMD Daily ETF shares last traded at $78.5010, with a volume of 1,645,751 shares.

GraniteShares 2x Long AMD Daily ETF Stock Up 18.4%

The business’s fifty day moving average is $55.10 and its 200 day moving average is $46.27.

Hedge Funds Weigh In On GraniteShares 2x Long AMD Daily ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Thrive Wealth Management LLC purchased a new position in GraniteShares 2x Long AMD Daily ETF during the second quarter valued at approximately $238,000. Client First Investment Management LLC purchased a new stake in GraniteShares 2x Long AMD Daily ETF in the 2nd quarter worth approximately $1,097,000. Group One Trading LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at $524,000. IMC Chicago LLC acquired a new stake in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at $1,726,000. Finally, Balboa Wealth Partners purchased a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at $122,000.

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.