GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Short Interest Update

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 310,500 shares, a decrease of 91.5% from the December 31st total of 3,650,000 shares. Based on an average trading volume of 6,234,600 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On GraniteShares 2x Long AMD Daily ETF

Several institutional investors have recently made changes to their positions in the company. Lauer Wealth LLC bought a new stake in GraniteShares 2x Long AMD Daily ETF during the 4th quarter valued at $219,000. IMC Chicago LLC boosted its holdings in shares of GraniteShares 2x Long AMD Daily ETF by 212.5% in the 4th quarter. IMC Chicago LLC now owns 103,656 shares of the company’s stock valued at $794,000 after buying an additional 70,491 shares in the last quarter. Garden State Investment Advisory Services LLC grew its holdings in GraniteShares 2x Long AMD Daily ETF by 39.3% in the third quarter. Garden State Investment Advisory Services LLC now owns 56,800 shares of the company’s stock worth $863,000 after purchasing an additional 16,022 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in GraniteShares 2x Long AMD Daily ETF during the 3rd quarter worth $1,079,000.

GraniteShares 2x Long AMD Daily ETF Price Performance

Shares of GraniteShares 2x Long AMD Daily ETF stock traded up $0.09 during trading hours on Thursday, hitting $7.16. The company’s stock had a trading volume of 2,717,380 shares, compared to its average volume of 10,930,425. GraniteShares 2x Long AMD Daily ETF has a 12-month low of $6.52 and a 12-month high of $25.62. The business has a 50 day moving average price of $8.51 and a two-hundred day moving average price of $11.42.

About GraniteShares 2x Long AMD Daily ETF

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.