GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Up – Here’s What Happened

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) gapped up prior to trading on Wednesday . The stock had previously closed at $281.42, but opened at $312.06. GraniteShares 2x Long INTC Daily ETF shares last traded at $315.00, with a volume of 396,869 shares trading hands.

GraniteShares 2x Long INTC Daily ETF Price Performance

The firm’s 50 day moving average price is $149.46 and its 200-day moving average price is $87.93.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Group One Trading LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 2nd quarter worth approximately $42,000. Jane Street Group LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth approximately $289,000. Scientech Research LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth approximately $521,000. Finally, Susquehanna International Group LLP boosted its stake in GraniteShares 2x Long INTC Daily ETF by 924.4% during the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after acquiring an additional 131,623 shares during the last quarter.

GraniteShares 2x Long INTC Daily ETF Company Profile

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.