GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $322.87, but opened at $308.98. GraniteShares 2x Long INTC Daily ETF shares last traded at $306.39, with a volume of 340,234 shares trading hands.

GraniteShares 2x Long INTC Daily ETF Stock Down 3.7%

The stock has a 50 day moving average of $144.24 and a two-hundred day moving average of $86.05.

Institutional Trading of GraniteShares 2x Long INTC Daily ETF

Institutional investors have recently modified their holdings of the business. Group One Trading LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the second quarter worth $42,000. Jane Street Group LLC raised its holdings in GraniteShares 2x Long INTC Daily ETF by 62.8% during the second quarter. Jane Street Group LLC now owns 20,307 shares of the company’s stock worth $401,000 after purchasing an additional 7,833 shares during the last quarter. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF during the third quarter worth $521,000. Finally, Susquehanna International Group LLP raised its holdings in GraniteShares 2x Long INTC Daily ETF by 924.4% during the third quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock worth $5,693,000 after purchasing an additional 131,623 shares during the last quarter.

GraniteShares 2x Long INTC Daily ETF Company Profile

(Get Free Report)

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.

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