GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) shares were up 8.1% during mid-day trading on Tuesday. The company traded as high as $89.32 and last traded at $90.8510. 1,587,516 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 7,868,356 shares. The stock had previously closed at $84.06.
GraniteShares 2x Long AMD Daily ETF Trading Up 7.7%
The company has a 50-day moving average of $58.71 and a 200 day moving average of $51.66.
Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF
Several institutional investors and hedge funds have recently made changes to their positions in the company. IMC Chicago LLC bought a new stake in shares of GraniteShares 2x Long AMD Daily ETF in the 1st quarter worth about $1,726,000. Group One Trading LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the 1st quarter valued at about $524,000. Client First Investment Management LLC bought a new position in GraniteShares 2x Long AMD Daily ETF during the 2nd quarter valued at about $1,097,000. Balboa Wealth Partners acquired a new position in GraniteShares 2x Long AMD Daily ETF in the first quarter valued at about $122,000. Finally, Thrive Wealth Management LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF in the second quarter valued at about $238,000.
GraniteShares 2x Long AMD Daily ETF Company Profile
The GraniteShares 2x Long AMD Daily ETF (AMDL) 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 Advanced Micro Devices stock. AMDL was launched on Mar 4, 2024 and is issued by GraniteShares.
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