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

by · The Markets Daily

GraniteShares 2x Long INTC Daily ETF (NASDAQ:INTW – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $30.68, but opened at $33.13. GraniteShares 2x Long INTC Daily ETF shares last traded at $33.61, with a volume of 1,451,749 shares trading hands.

GraniteShares 2x Long INTC Daily ETF Stock Performance

The business’s 50 day moving average price is $38.62 and its 200-day moving average price is $19.06.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in INTW. Group One Trading LLC acquired a new position in GraniteShares 2x Long INTC Daily ETF in the 2nd quarter worth $42,000. Optiver Holding B.V. acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter valued at about $267,000. Jane Street Group LLC acquired a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the first quarter valued at about $289,000. Scientech Research LLC purchased a new stake in shares of GraniteShares 2x Long INTC Daily ETF during the third quarter worth about $521,000. Finally, Susquehanna International Group LLP increased its position in shares of 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 acquiring 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.

Recommended Stories