GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) Stock Price Up 10.6% – Time to Buy?

GraniteShares 2x Long PLTR Daily ETF (NASDAQ:PTIR) shares traded up 10.6% during trading on Monday . The company traded as high as $19.75 and last traded at $19.55. 2,287,983 shares changed hands during trading, a decline of 54% from the average session volume of 4,923,106 shares. The stock had previously closed at $17.67.

GraniteShares 2x Long PLTR Daily ETF Price Performance

The stock has a 50 day moving average price of $18.47 and a two-hundred day moving average price of $25.81.

GraniteShares 2x Long PLTR Daily ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 29th were issued a $1.5533 dividend. This represents a c) dividend on an annualized basis and a yield of 98.2%. The ex-dividend date was Monday, December 29th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. XTX Topco Ltd acquired a new position in GraniteShares 2x Long PLTR Daily ETF during the second quarter valued at approximately $204,000. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long PLTR Daily ETF during the third quarter worth $35,000. CIBC Private Wealth Group LLC grew its holdings in shares of GraniteShares 2x Long PLTR Daily ETF by 1,400.0% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,500 shares of the company’s stock valued at $49,000 after buying an additional 1,400 shares during the period. Financial Life Planners acquired a new position in shares of GraniteShares 2x Long PLTR Daily ETF in the 3rd quarter valued at $55,000. Finally, Jane Street Group LLC increased its position in shares of GraniteShares 2x Long PLTR Daily ETF by 53.3% in the 1st quarter. Jane Street Group LLC now owns 11,814 shares of the company’s stock valued at $1,571,000 after buying an additional 4,106 shares in the last quarter.

GraniteShares 2x Long PLTR Daily ETF Company Profile

The GraniteShares 2x Long PLTR Daily ETF (PTIR) 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 Palantir Technologies Inc stock. PTIR was launched on Sep 3, 2024 and is issued by GraniteShares.