GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Shares Gap Up – Here’s What Happened

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONLGet Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $26.68, but opened at $34.34. GraniteShares 2x Long COIN Daily ETF shares last traded at $35.65, with a volume of 4,407,898 shares traded.

GraniteShares 2x Long COIN Daily ETF Price Performance

The business’s 50 day simple moving average is $25.42 and its 200 day simple moving average is $39.16.

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

An institutional investor recently bought a new position in GraniteShares 2x Long COIN Daily ETF stock. SG Americas Securities LLC purchased a new stake in shares of GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONLFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,900 shares of the company’s stock, valued at approximately $122,000.

GraniteShares 2x Long COIN Daily ETF Company Profile

(Get Free Report)

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.

Further Reading

Receive News & Ratings for GraniteShares 2x Long COIN Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long COIN Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.