GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Up – Still a Buy?

Posted by Patrick Bannon on Nov 6th, 2026

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at $30.79, but opened at $36.88. GraniteShares 2x Long AMD Daily ETF shares last traded at $37.8570, with a volume of 2,232,618 shares trading hands.

GraniteShares 2x Long AMD Daily ETF Price Performance

The company has a 50-day simple moving average of $63.82 and a 200-day simple moving average of $45.53.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in AMDL. IMC Chicago LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth about $1,726,000. Group One Trading LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF during the 1st quarter worth about $524,000. Client First Investment Management LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the 2nd quarter valued at about $1,097,000. Simplex Trading LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF in the 3rd quarter valued at about $819,000. Finally, StoneX Group Inc. bought a new position in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth about $688,000.

GraniteShares 2x Long AMD Daily ETF Company Profile

(Get Free Report)

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.