GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 390,700 shares, a growth of 90.8% from the September 30th total of 204,800 shares. Based on an average trading volume of 2,175,000 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in GraniteShares 2x Long AMD Daily ETF stock. Garden State Investment Advisory Services LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 40,778 shares of the company’s stock, valued at approximately $670,000. Garden State Investment Advisory Services LLC owned 0.48% of GraniteShares 2x Long AMD Daily ETF as of its most recent SEC filing.
GraniteShares 2x Long AMD Daily ETF Price Performance
Shares of AMDL stock opened at $13.55 on Friday. GraniteShares 2x Long AMD Daily ETF has a fifty-two week low of $8.74 and a fifty-two week high of $25.62. The stock’s 50-day simple moving average is $13.69 and its 200-day simple moving average is $14.96.
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.
Recommended Stories
- Five stocks we like better than GraniteShares 2x Long AMD Daily ETF
- What Investors Need to Know to Beat the Market
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- What is the Dogs of the Dow Strategy? Overview and Examples
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- MarketBeat Week in Review – 10/21- 10/25
Receive News & Ratings for GraniteShares 2x Long AMD Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long AMD Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.