GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Short Interest Up 107.2% in November

Posted by Scott Moore on Dec 14th, 2024

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Get Free Report) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 1,170,000 shares, a growth of 107.2% from the November 15th total of 564,700 shares. Based on an average daily volume of 3,285,100 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

An institutional investor recently bought a new position in GraniteShares 2x Long AMD Daily ETF stock. Flow Traders U.S. LLC acquired a new position in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 70,996 shares of the company’s stock, valued at approximately $1,079,000. Flow Traders U.S. LLC owned about 0.45% of GraniteShares 2x Long AMD Daily ETF as of its most recent filing with the Securities and Exchange Commission.

GraniteShares 2x Long AMD Daily ETF Trading Down 5.7 %

Shares of GraniteShares 2x Long AMD Daily ETF stock opened at $8.54 on Friday. GraniteShares 2x Long AMD Daily ETF has a 12 month low of $8.25 and a 12 month high of $25.62. The business’s 50-day moving average price is $11.84 and its 200-day moving average price is $13.60.

GraniteShares 2x Long AMD Daily ETF Company Profile

(Get Free Report)

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.