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

Posted by Trevor Kearing on Nov 12th, 2026

Shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $56.02, but opened at $59.45. GraniteShares 2x Long AMD Daily ETF shares last traded at $58.12, with a volume of 2,927,344 shares changing hands.

GraniteShares 2x Long AMD Daily ETF Stock Performance

The company’s 50-day moving average price is $63.79 and its 200 day moving average price is $46.07.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. IMC Chicago LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at approximately $1,726,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF in the first quarter worth approximately $524,000. Client First Investment Management LLC purchased a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the second quarter worth $1,097,000. Simplex Trading LLC purchased a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $819,000. Finally, StoneX Group Inc. purchased a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the third quarter worth $688,000.

About GraniteShares 2x Long AMD Daily ETF

(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.