GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report)’s stock price traded down 8.2% during trading on Thursday . The stock traded as low as $29.65 and last traded at $30.29. 2,231,538 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 2,964,625 shares. The stock had previously closed at $33.01.
GraniteShares 2x Long COIN Daily ETF Stock Performance
The stock has a 50-day moving average of $26.19 and a 200 day moving average of $39.93.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in GraniteShares 2x Long COIN Daily ETF stock. SG Americas Securities LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,900 shares of the company’s stock, valued at approximately $122,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
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