GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) shares dropped 12.8% during trading on Thursday . The company traded as low as $35.88 and last traded at $36.31. Approximately 4,877,026 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 7,177,686 shares. The stock had previously closed at $41.62.
GraniteShares 2x Long INTC Daily ETF Stock Performance
The company has a fifty day moving average of $36.84 and a two-hundred day moving average of $18.03.
Institutional Trading of GraniteShares 2x Long INTC Daily ETF
Several institutional investors have recently modified their holdings of the business. Susquehanna International Group LLP increased its stake in shares of 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 purchasing an additional 131,623 shares during the last quarter. Jane Street Group LLC increased its stake in shares of GraniteShares 2x Long INTC Daily ETF by 62.8% in the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after buying an additional 7,833 shares during the period. Group One Trading LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the 1st quarter valued at approximately $787,000. Scientech Research LLC bought a new stake in GraniteShares 2x Long INTC Daily ETF in the third quarter valued at $521,000. Finally, Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter valued at about $267,000.
About GraniteShares 2x Long INTC Daily ETF
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.
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