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 $292.80, but opened at $315.09. GraniteShares 2x Long INTC Daily ETF shares last traded at $304.80, with a volume of 123,710 shares changing hands.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The firm’s 50 day moving average is $236.13 and its two-hundred day moving average is $119.93.

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

Institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP raised its holdings in GraniteShares 2x Long INTC Daily ETF by 924.4% in the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after buying an additional 131,623 shares during the last quarter. Group One Trading LLC bought a new position in GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $787,000. Scientech Research LLC bought a new position in GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at approximately $521,000. Jane Street Group LLC bought a new position in GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $289,000. Finally, Optiver Holding B.V. bought a new position in GraniteShares 2x Long INTC Daily ETF in the 1st quarter valued at approximately $267,000.

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.