GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Sees Strong Trading Volume – Still a Buy?

Shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTWGet Free Report) saw unusually-high trading volume on Thursday . Approximately 639,642 shares were traded during trading, a decline of 30% from the previous session’s volume of 917,153 shares.The stock last traded at $363.39 and had previously closed at $314.13.

GraniteShares 2x Long INTC Daily ETF Stock Up 20.0%

The business’s 50 day moving average price is $241.06 and its 200-day moving average price is $121.83.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long INTC Daily ETF in the second quarter valued at approximately $42,000. Optiver Holding B.V. bought a new position in shares of GraniteShares 2x Long INTC Daily ETF in the first quarter valued at approximately $267,000. Jane Street Group LLC raised its stake in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% in the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock valued at $401,000 after acquiring an additional 7,833 shares during the last quarter. Scientech Research LLC bought a new position in shares of GraniteShares 2x Long INTC Daily ETF in the third quarter valued at approximately $521,000. Finally, Susquehanna International Group LLP increased its holdings in shares of GraniteShares 2x Long INTC Daily ETF by 924.4% in the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after purchasing an additional 131,623 shares in the last quarter.

About GraniteShares 2x Long INTC Daily ETF

(Get Free Report)

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.

Further Reading

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