GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Short Interest Update

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 632,434 shares, a growth of 112.1% from the December 31st total of 298,152 shares. Currently, 28.4% of the shares of the stock are short sold. Based on an average trading volume of 1,137,538 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 1,137,538 shares, the short-interest ratio is presently 0.6 days. Currently, 28.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On GraniteShares 2x Long INTC Daily ETF

Large 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 in the 2nd quarter valued at about $42,000. Jane Street Group LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth approximately $289,000. Scientech Research LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 3rd quarter worth approximately $521,000. Finally, Susquehanna International Group LLP increased its stake in GraniteShares 2x Long INTC Daily ETF by 924.4% in the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after acquiring an additional 131,623 shares during the last quarter.

GraniteShares 2x Long INTC Daily ETF Stock Performance

Shares of NASDAQ:INTW traded down $1.05 during trading on Friday, reaching $66.59. 544,214 shares of the company traded hands, compared to its average volume of 1,455,141. GraniteShares 2x Long INTC Daily ETF has a 52 week low of $13.56 and a 52 week high of $90.32. The company’s 50 day moving average is $53.73 and its two-hundred day moving average is $39.77.

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.