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

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW)’s share price gapped up before the market opened 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 Trading Up 5.6%

The company’s fifty day simple moving average is $236.13 and its two-hundred day simple moving average is $119.93.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP lifted its position 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 worth $5,693,000 after purchasing an additional 131,623 shares during the period. Jane Street Group LLC grew its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% during the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after acquiring an additional 7,833 shares during the period. Group One Trading LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter worth about $787,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the third quarter worth about $521,000. Finally, Optiver Holding B.V. acquired a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter worth 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.