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

by · The Markets Daily

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report) saw a large growth in short interest during 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. Currently, 18.3% of the shares of the company are sold short. Based on an average daily trading volume, of 6,529,385 shares, the days-to-cover ratio is currently 0.4 days.

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

Large investors have recently modified their holdings of the stock. Susquehanna International Group LLP raised its holdings in shares of 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 worth $5,693,000 after purchasing an additional 131,623 shares during the period. Jane Street Group LLC grew 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 valued at $401,000 after purchasing an additional 7,833 shares during the period. Group One Trading LLC bought a new position in GraniteShares 2x Long INTC Daily ETF during the first quarter valued at $787,000. Scientech Research LLC purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the third quarter worth $521,000. Finally, Optiver Holding B.V. purchased a new stake in GraniteShares 2x Long INTC Daily ETF in the first quarter worth $267,000.

GraniteShares 2x Long INTC Daily ETF Stock Performance

NASDAQ INTW traded down $1.01 during trading hours on Friday, reaching $24.55. 3,380,752 shares of the company were exchanged, compared to its average volume of 6,790,527. 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 $31.55 and its 200-day simple moving average is $22.10.

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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