GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Stock Short Interest Jumps 57.3%

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 3,787,972 shares, an increase of 57.3% from the August 31st total of 2,407,731 shares. Based on an average daily trading volume, of 3,501,292 shares, the days-to-cover ratio is presently 1.1 days. Approximately 30.1% of the company’s shares are short sold.

GraniteShares 2x Long INTC Daily ETF Stock Performance

NASDAQ INTW traded up $2.08 on Wednesday, reaching $31.28. 4,238,821 shares of the company were exchanged, compared to its average volume of 6,381,954. The business’s fifty day moving average price is $23.15 and its 200 day moving average price is $25.99. GraniteShares 2x Long INTC Daily ETF has a fifty-two week low of $4.47 and a fifty-two week high of $52.63.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in GraniteShares 2x Long INTC Daily ETF stock. Optiver Holding B.V. acquired a new position in shares of GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,149 shares of the company’s stock, valued at approximately $267,000. Optiver Holding B.V. owned about 0.30% of GraniteShares 2x Long INTC Daily ETF at the end of the most recent quarter.

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.