2x Long CRWV Daily ETF (NASDAQ:CRWG – Get Free Report) was the recipient of some unusual options trading on Monday. Investors purchased 2,108 put options on the company. This is an increase of 65% compared to the typical volume of 1,275 put options.
2x Long CRWV Daily ETF Trading Up 3.9%
2x Long CRWV Daily ETF stock traded up $0.33 during mid-day trading on Monday, hitting $8.69. The company had a trading volume of 6,312,899 shares, compared to its average volume of 2,250,658. 2x Long CRWV Daily ETF has a 1 year low of $7.90 and a 1 year high of $138.80.
The 2x Long CRWV Daily ETF (NASDAQ:CRWG) is an exchange-traded fund designed to provide approximately twice the daily performance of CoreWeave, Inc (NASDAQ:CRWV), before fees and expenses. CoreWeave is a cloud infrastructure provider focused on graphics processing unit (GPU)-accelerated computing, artificial intelligence, machine learning, and other demanding workloads.
Rather than investing primarily in CoreWeave shares for long-term ownership, the fund generally seeks its investment objective through derivatives and other financial instruments that provide leveraged exposure to the underlying stock.
Recommended Stories
- Five stocks we like better than 2x Long CRWV Daily ETF
- The AI Trade Just Moved Into Your Bloodstream, and 4 Healthcare Stocks Are Winning
- 5 Beaten-Down AI Names That Could Bounce If Fear Fades
- Could AI Finally Unlock Apple’s Next Leg of Growth?
- Women Drive the Job Market—These 3 Stocks Are Following Them
Receive News & Ratings for 2x Long CRWV Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2x Long CRWV Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.
