GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW) Short Interest Up 257.8% in July

by · The Cerbat Gem

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 2,610,231 shares, a growth of 257.8% from the July 15th total of 729,533 shares. Based on an average trading volume of 6,529,385 shares, the days-to-cover ratio is presently 0.4 days. Approximately 18.3% of the shares of the company are sold short.

Hedge Funds Weigh In On GraniteShares 2x Long INTC Daily ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Group One Trading LLC bought a new position in shares of GraniteShares 2x Long INTC Daily ETF in the second quarter valued at about $42,000. Optiver Holding B.V. bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $267,000. Jane Street Group LLC bought a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the 1st quarter worth about $289,000. Scientech Research LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF in the 3rd quarter valued at about $521,000. Finally, Susquehanna International Group LLP grew its stake in GraniteShares 2x Long INTC Daily ETF by 924.4% in the 3rd quarter. Susquehanna International Group LLP now owns 145,861 shares of the company’s stock valued at $5,693,000 after buying an additional 131,623 shares during the last quarter.

GraniteShares 2x Long INTC Daily ETF Price Performance

INTW stock opened at $24.55 on Friday. GraniteShares 2x Long INTC Daily ETF has a 1-year low of $2.41 and a 1-year high of $52.63. The business’s 50 day simple moving average is $31.50 and its 200 day simple moving average is $22.12.

About GraniteShares 2x Long INTC Daily ETF

(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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