GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Short Interest Down 91.5% in December

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) was the target of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 310,500 shares, a decrease of 91.5% from the December 15th total of 3,650,000 shares. Based on an average daily volume of 6,234,600 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of GraniteShares 2x Long AMD Daily ETF

A hedge fund recently bought a new stake in GraniteShares 2x Long AMD Daily ETF stock. Garden State Investment Advisory Services LLC bought a new position in shares of GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 40,778 shares of the company’s stock, valued at approximately $670,000. Garden State Investment Advisory Services LLC owned about 0.48% of GraniteShares 2x Long AMD Daily ETF at the end of the most recent reporting period.

GraniteShares 2x Long AMD Daily ETF Stock Up 2.3 %

GraniteShares 2x Long AMD Daily ETF stock opened at $7.16 on Tuesday. The stock has a 50-day moving average price of $9.35 and a 200 day moving average price of $12.29. GraniteShares 2x Long AMD Daily ETF has a 52 week low of $6.80 and a 52 week high of $25.62.

About GraniteShares 2x Long AMD Daily ETF

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.