GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Shares Gap Down – What’s Next?

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $80.30, but opened at $76.66. GraniteShares 2x Long AMD Daily ETF shares last traded at $80.3630, with a volume of 858,269 shares changing hands.

GraniteShares 2x Long AMD Daily ETF Price Performance

The business’s fifty day moving average is $56.85 and its two-hundred day moving average is $48.50.

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

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

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.

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