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

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 390,700 shares, an increase of 90.8% from the September 30th total of 204,800 shares. Based on an average daily volume of 2,175,000 shares, the days-to-cover ratio is currently 0.2 days.

GraniteShares 2x Long AMD Daily ETF Stock Up 3.6 %

Shares of NASDAQ:AMDL opened at $13.55 on Monday. GraniteShares 2x Long AMD Daily ETF has a one year low of $8.74 and a one year high of $25.62. The company has a 50-day simple moving average of $13.69 and a 200-day simple moving average of $14.90.

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

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.