GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) Short Interest Update

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 564,700 shares, a decline of 67.4% from the October 31st total of 1,730,000 shares. Based on an average daily trading volume, of 2,686,800 shares, the short-interest ratio is presently 0.2 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. Garden State Investment Advisory Services LLC acquired a new stake in GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 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 Price Performance

Shares of AMDL traded up $0.13 during trading hours on Friday, reaching $10.10. 2,410,779 shares of the company traded hands, compared to its average volume of 1,987,776. The business has a fifty day moving average price of $12.94 and a 200-day moving average price of $14.14. GraniteShares 2x Long AMD Daily ETF has a 12-month low of $8.74 and a 12-month high of $25.62.

GraniteShares 2x Long AMD Daily ETF Company Profile

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.