GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares were up 22.5% on Wednesday . The company traded as high as $5.29 and last traded at $5.23. 18,612,869 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 18,173,709 shares. The stock had previously closed at $4.27.
GraniteShares 2x Long COIN Daily ETF Trading Up 22.7%
The business’s fifty day moving average is $6.95 and its 200 day moving average is $9.67.
Institutional Trading of GraniteShares 2x Long COIN Daily ETF
A number of institutional investors have recently modified their holdings of the company. Summit Securities Group LLC acquired a new position in shares of GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth about $44,000. Parallel Advisors LLC boosted its position in GraniteShares 2x Long COIN Daily ETF by 353.3% during the 1st quarter. Parallel Advisors LLC now owns 6,800 shares of the company’s stock worth $48,000 after acquiring an additional 5,300 shares during the last quarter. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long COIN Daily ETF during the 4th quarter worth approximately $78,000. NewEdge Advisors LLC grew its stake in shares of GraniteShares 2x Long COIN Daily ETF by 58.0% during the 1st quarter. NewEdge Advisors LLC now owns 16,075 shares of the company’s stock worth $113,000 after acquiring an additional 5,900 shares in the last quarter. Finally, Peapack Gladstone Financial Corp acquired a new stake in shares of GraniteShares 2x Long COIN Daily ETF in the second quarter valued at approximately $293,000.
GraniteShares 2x Long COIN Daily ETF Company Profile
The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.
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